Retail Detail. Nordstrom To Take Manhattan. Second City Style Fashion Blog

Fountain of 30

May 31, 2007 • Shopping

This is the best news as I am just weeks from relocating to the Big Apple and moving away from my beloved Nordstrom’s. According to today’s WWD, the retailer moved one step closer to finding its first Manhattan location
on Wednesday by hiring the Madison Retail Group, a retail real estate
consulting and brokerage firm, to expedite the search.

retailer has been besieged by landlords and brokers pushing locations
and now intends to be more methodical in its quest for a Manhattan

"We want to give ourselves the best chance to have
great information," Pete Nordstrom, president of
merchandising said. "It’s a big decision. We want to do
it right. We needed an objective way to assess the market and all the
opportunities there."

Aside from a few downtown
locations in the U.S., such as in San Francisco and Seattle, Nordstrom
said his company’s experience in site selection has been primarily in

said the Penn Station area, Madison Avenue in the Fifties, lower
Manhattan and the Columbus Circle vicinity were among the areas probed;
specifically, the Pennsylvania Hotel near Penn Station, a property
owned by Vornado; an office building on the southwest corner of 58th
Street and Madison Avenue; 200 Fifth Avenue in the Flatiron area, and
the corner of 42nd Street at Sixth Avenue.

Read the full story: Nordstrom Hires Firm to Aid Search for Manhattan Location

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