Racked is no longer publishing. Thank you to everyone who read our work over the years. The archives will remain available here; for new stories, head over to Vox.com, where our staff is covering consumer culture for The Goods by Vox. You can also see what we’re up to by signing up here.
More impeding retail developments from WWD: today, we learn that high-end department store Nordstrom, fed up with trying to find a space in Manhattan, has hired a firm to do the searching for them. And the plum commission will go to...Madison Retail Group. Nordstrom has already considered a host of locations in the Penn Station area, Mad Ave in the Fifties, Columbus Circle and the Flatiron district. The Meatpacking District has been ruled out, as it is too far from the train, and the UES looks unlikely, due to the preponderance of other luxury department stores up there. Although things are still very tentative, Pete Nordstrom says that a Manhattan flagship is "imminent." You may recall that only a short time ago, the retailer had decided against a space at 600 Madison Avenue and 59th Street. Given that the news that Nordstrom is merely looking for a space warrants a 687-word piece in WWD, it looks as like this opening could rival Topshop's in the hype department.
· Nordstrom Hires Firm to Aid Search for Manhattan Location [WWD, subscription req.]
· RackedWire: Deal for Nordstrom Flagship Fizzles [Racked]