Nordstrom Rack To Open New Location In Morrisville, North Carolina In Spring 2025
Portfolio Pulse from Benzinga Newsdesk
Nordstrom, Inc. (NYSE:JWN) announced plans to open a new Nordstrom Rack in Morrisville, North Carolina in spring 2025. This expansion aims to grow their footprint in the Raleigh market and introduce new customers to the Nordstrom experience.
August 13, 2024 | 4:04 pm
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Nordstrom, Inc. (NYSE:JWN) plans to open a new Nordstrom Rack in Morrisville, North Carolina in spring 2025, aiming to expand their footprint in the Raleigh market.
The announcement of a new store opening indicates growth and expansion for Nordstrom, which is likely to positively impact their stock price in the short term. The new location in a growing market like Raleigh can attract new customers and increase revenues.
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