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Hardy Capital buys two online shoe retailers
Seattle - Hardy Capital Partners, along with a small group of Canadian investors, have acquired 100% of OnlineShoes.com, a $140 million profitable online footwear retailer based out of Seattle. Hardy Capital Partners has also acquired 100% of ShoeMe.ca, a Vancouver-based online footwear retailer, for an undisclosed amount.
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Nordstrom Rack to open in St. Louis Park, Minnesota
Seattle -- Nordstrom announced today plans to open a Nordstrom Rack at The Shops at Knollwood in St. Louis Park, Minnesota. The approximately 33,000-sq.-ft. store is scheduled to open in spring 2015. The property is owned and managed by Rouse Properties Inc.
Recently rebranded The Shops at Knollwood, Rouse Properties launched an extensive redevelopment project in an effort to modernize and improve the shopping environment.