Nordstrom to Open New Store at Fashion Island in Newport Beach, California

SEATTLE, Jan. 29, 2008 /PRNewswire-FirstCall/ -- Seattle-based Nordstrom, Inc. (NYSE: JWN), a leading fashion specialty retailer, announced it has signed a letter of intent with The Irvine Company to open a new Nordstrom store at Fashion Island. The two-level, 138,000-square-foot store is scheduled to open in spring 2010.

"Fashion Island is an outstanding center and one that we have admired for a long time," said Erik Nordstrom, president of stores for Nordstrom. "We feel fortunate to have many loyal customers in Orange County, and we're thrilled at the opportunity to better serve them with an additional store in an incredible location."

"We are committed to continuing Fashion Island's development as the finest coastal luxury shopping experience," said Keith Eyrich, president, The Irvine Company Retail Properties. "Nordstrom is one of the nation's most outstanding retailers and a perfect fit for Fashion Island's discerning customer."

The Nordstrom at Fashion Island will be the retailer's sixth full-line store in Orange County, Calif. The company will build a new store in the location of the former Macy's Women's store. Nordstrom currently operates stores at Brea Mall, Irvine Spectrum Center, Main Place Mall in Santa Ana, The Shops at Mission Viejo and South Coast Plaza in Costa Mesa. The company also operates two Nordstrom Rack stores in Orange County at Metro Pointe in Costa Mesa and Union Plaza in Brea.

Fashion Island, owned by The Irvine Company and located on the Newport Beach coast, is Southern California's premier open-air luxury shopping destination. Fashion Island has nearly 200 unique and designer boutiques, restaurants and Orange County's only Neiman Marcus, Kate Spade and Juicy Couture, as well as Bloomingdale's, Bloomingdale's Home Store and Macy's. For more information visit http://www.ShopFashionIsland.com.

Nordstrom, Inc. is one of the nation's leading fashion specialty retailers, with 156 stores located in 28 states. Founded in 1901 as a shoe store in Seattle, today Nordstrom operates 101 full-line stores, 50 Nordstrom Racks, two Jeffrey boutiques, one freestanding shoe store and two clearance stores. Nordstrom also serves customers through its online presence at http://www.nordstrom.com and through its catalogs. Nordstrom, Inc. is publicly traded on the NYSE under the symbol JWN.

MEDIA CONTACTS: Michael Boyd
Nordstrom, Inc.
(206) 373-3038

Bill Rams
The Irvine Company
Retail Properties
(949) 720-2675

SOURCE Nordstrom, Inc.
01/29/2008
CONTACT: Michael Boyd of Nordstrom, Inc., +1-206-373-3038; or Bill Rams
of The Irvine Company Retail Properties, +1-949-720-2675
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Web site: http://www.nordstrom.com
http://www.ShopFashionIsland.com