-
Nordstrom Rack to open in Princeton, N.J.
Seattle — Nordstrom has announced plans to open a Nordstrom Rack at Mercer Mall near Princeton, N.J. Plans call for the approximately 35,000-sq.-ft. store to open in the spring of 2015.
Mercer Mall is owned and managed by Federal Realty Investment Trust www.federalrealty.com. The new store will add to the current tenant line up, which includes T.J.Maxx, Bed Bath & Beyond, DSW and Shop Rite. -
Costco opens 2014 with January sales increase
Costco reported net sales of $8 billion for the four weeks ended Feb. 2, representing an increase of 6% from the similar four-week period last year.
Comparable store sales across Costco's U.S. store base were up 5%.
For the 22 weeks ended Feb. 2, Costco reported net sales of $46.3 billion, representing a similar increase of 6% versus the year-ago period.
The company plans to release its operating results for the second quarter Thursday, March 6.