Times: Nordstrom Rack ready to open near downtown Seattle flagship

Times: Nordstrom Rack ready to open near downtown Seattle flagship

Credit: AP

Times: Nordstrom Rack ready to open near downtown Seattle flagship

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by AMY MARTINEZ / The Seattle Times

KING5.com

Posted on March 12, 2012 at 6:23 AM

Updated Monday, Mar 12 at 6:24 AM

After 25 years, the old Rack at Second Avenue and Pine Street in Seattle closed for good this past weekend as part of its move to Westlake Center, just one crosswalk over from the Nordstrom flagship store.

By putting them side by side, Seattle-based Nordstrom is challenging the conventional wisdom that a retailer's full-price and off-price stores cannibalize each other.

President Blake Nordstrom recalls how retail experts questioned the company's decision in the 1970s to launch the Rack business inside its downtown store.

To read the full story, go to The Seattle Times.

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