Share

Nordstrom to Open at the Mall at Oyster Bay in Syosset, Long Island, New York

SEATTLE, Oct 20, 2005 /PRNewswire-FirstCall via COMTEX News Network/ -- Seattle-based Nordstrom, Inc. (NYSE: JWN), a leading fashion specialty retailer announced it has signed a commitment with Taubman Centers to open a new Nordstrom store at The Mall at Oyster Bay in Syosset, Long Island, New York. Nordstrom will build a new, three-level store with approximately 150,000 square feet of gross building area. Nordstrom at The Mall at Oyster Bay is scheduled to open concurrently with the shopping center.

(Logo: http://www.newscom.com/cgi-bin/prnh/20001011/NORDLOGO )

"We're excited to expand our presence in the northeast and specifically on Long Island," said Erik Nordstrom, executive vice president of Full-Line Stores for Nordstrom. "The Mall at Oyster Bay will be a great shopping destination and we're anxious to offer another Nordstrom to make the shopping more convenient for our Long Island customers."

The proposed 860,000 square foot Mall at Oyster Bay is currently targeted to open in fall 2007. It will be located near South Oyster Bay Road and the Long Island Expressway. When completed, the center will offer Nassau County its finest, upscale shopping experience with two department stores and more than 100 specialty shops and services.

"Nordstrom, along with other luxury tenants, will set the tone for the finest shopping experience on Long Island," said Robert S. Taubman, Taubman Centers' chairman, president and chief executive officer. "The Mall at Oyster Bay will combine the essential ingredients of convenience and superior store merchandising, making this shopping center a true world-class destination."

Nordstrom offers a large selection of quality fashion apparel, shoes and accessories for men, women and children. This will be the third Full-Line Store for Nordstrom in New York state. Nordstrom Roosevelt Field in Garden City opened in 1997 and Nordstrom at The Westchester has been serving customers in the White Plains area since 1995.

Taubman Centers, Inc., a real estate investment trust, owns and/or manages 23 urban and suburban regional and super regional shopping centers in 11 states. In addition, The Pier at Caesars (Atlantic City, N.J.) is under construction and is scheduled to open in late spring 2006. Taubman Centers is headquartered in Bloomfield Hills, Mich. Additional information about Taubman Centers can be obtained from the company's website, www.taubman.com.

Nordstrom, Inc. is one of the nation's leading fashion specialty retailers, with 154 US stores located in 27 states. Founded in 1901 as a shoe store in Seattle, today Nordstrom operates 97 Full-Line Stores, 49 Nordstrom Racks, five Faconnable boutiques, one freestanding shoe store and two clearance stores. Nordstrom also operates 32 international Faconnable boutiques in Europe. Additionally, Nordstrom serves customers through its online presence at www.nordstrom.com and through its catalogs. Nordstrom, Inc. is publicly traded on the NYSE under the symbol JWN.

CONTACT:  Brooke White             Karen MacDonald
               Nordstrom, Inc.          Taubman Centers, Inc.
               206-373-3030             248-258-7469

               Stephanie Allen          Barbara Baker
               Investor Relations       Investor Relations
               Nordstrom, Inc.          Taubman Centers, Inc.
               206-303-3262             248-258-7367

SOURCE Nordstrom, Inc.

http://www.prnewswire.com