The 38,600-square-foot store is scheduled to open in 2018 at the southeast corner of Yonge and Bloor Streets in Toronto, in the retail podium of 'One Bloor East'. About 10,000 square feet will be on the ground level, with the remainder on the second floor, according to sources.
The store will be about a mile north of Nordstrom's full-line store, scheduled to open in CF Toronto Eaton Centre on September 16, 2016.
"We're excited to announce our first Nordstrom Rack in Canada in such a wonderful location and provide Canadian customers another way to shop their favorite Nordstrom brands at great prices," said Karen McKibbin, president of Nordstrom Canada. "We want to be a part of compelling locations across the country and this is a great first step. We look forward to getting our doors open to serve customers in Toronto."
"We are delighted to welcome Nordstrom Rack to One Bloor, the perfect retailer for such a dynamic location. Anchoring the mink mile at the Yonge/Bloor intersection, One Bloor represents one of Toronto's signature architectural landmarks and is a symbol of excellence in design, technology and experience," said Christopher Wein, President of Great Gulf. "With a culmination of residential, retail and transit at this amazing intersection and the vibrant pedestrian activity, Nordstrom Rack will be well positioned for success and future growth."
Nordstrom plans to open about 20 Nordstrom Rack stores in Canada over the next several years.