Nordstrom Rack is set to open more than a dozen new locations across 10 states next year, moving the company closer to its target of operating 400 stores by the end of 2028.
New outlets are coming to Sarasota, Florida; Elmwood, Louisiana; Encinitas, California; Knoxville, Tennessee; and Plymouth, Massachusetts, in the spring of 2026. A second Massachusetts store is slated to open in the town of Mansfield that fall.
Fall 2026 openings are also planned for Deptford, New Jersey; Rockville, Maryland; Spokane, Washington; Canton, Ohio; Williamsburg, Virginia; Tampa, Orlando, and Pompano Beach, Florida.
The off-price arm of Seattle-based fashion retailer Nordstrom, Inc., sells a variety of discounted apparel, accessories, beauty products, and home goods.
Lionello detailed Nordstrom Rack's ambitious expansion plans in a November interview with Forbes, sharing that the company aims to have nearly 300 stores by the end of 2025. More than 20 outlets have opened so far this year, including new stores in Texas, Georgia, Colorado, New York, Florida, New Hampshire, Idaho, Massachusetts, Arizona, North Carolina, Minnesota, New Jersey, and Illinois.
Nordstrom was founded in 1901 by John Nordstrom and Carl Wallin, initially opening as a shoe store under the moniker Wallin & Nordstrom. The company expanded into apparel in the 1960s, before going public in 1971 as Nordstrom, Inc. The first Nordstrom Rack store opened two years later.
The transaction closed on May 20, and Nordstrom, Inc. was delisted from the New York Stock Exchange the next day. The Nordstrom family now owns 50.1 percent of the company, with the remainder held by Liverpool.
"As we embark on this new chapter, we remain focused on what matters most: providing outstanding service, offering the best merchandise, and ultimately, helping our customers feel good and look their best. We're grateful to our teams for their hard work on behalf of our business and our customers, and we look forward to building on Nordstrom's strong foundation to reach even greater heights."
Nordstrom Inc. executive Pete Nordstrom told Forbes that private ownership has allowed the company to better carry out its existing plans.
"It's just more laser focus on the actual business, in the commercial part of what we do," he said. "We're a brand with heritage, but we're not a heritage brand, so we need to keep evolving and be relevant and modern."