New store to open at Fashion Show Mall

SEATTLE (May 23, 2000) - Seattle-based Nordstrom (NYSE: JWN), one of the nation's leading fashion specialty retailers, today announced it has signed a letter of intent with the Rouse Company to build a three-level store of approximately 200,000 square feet at Fashion Show Mall in Las Vegas, Nevada. The store is tentatively scheduled to open in fall 2002 or spring 2003 and will be the retailer's first full-line store in Nevada.

"We're pleased to join the outstanding mix of merchants at Fashion Show and we believe its planned expansion will make it a premier retail destination for residents and visitors alike," said Jim O'Neal, executive vice president, southwest general manager of Nordstrom's full-line store group. "We've received many requests to open a Nordstrom store in Las Vegas so we are particularly happy to have the opportunity to become part of this vibrant community."

Nordstrom's current national expansion plans focus primarily on the country's top 50 metropolitan markets. Future store openings including downtown Chicago (2000), Boca Raton, Fla. (2000), Charlotte, NC (2002), St. Louis, Mo. (2002), and Houston, TX (2003). (Editor's note: For a complete listing please contact Nordstrom at the number above.)

Nordstrom offers a wide range of apparel for women, men and children, and carries one of the largest selections of shoes available. The company was originally founded as a shoe store in 1901 by John W. Nordstrom. Apparel and accessories were added in the early 1960s.

Nordstrom carries nationally recognized brand names as well as its own exclusive brands, including BCBG Exclusively for Nordstrom, Callaway Golf Apparel, Façonnable, Talora, Classiques Entier, Preview and Halogen.

Nordstrom recently refocused its women's apparel departments to reflect the changing needs of its customers. The retailer has supplemented its strong classic and mainstream offering with more modern and casual merchandise in response to customer feedback. Regional execution teams are responsible for tailoring the merchandise in each store based on the local community's fashion tastes and preferences.

Nordstrom, Inc. is one of the nation's leading fashion specialty retailers, with 106 stores located in 23 states, including 72 full-line stores, 28 Nordstrom Racks, three Façonnable boutiques, two free-standing shoe stores, and one clearance store. The company also seeks to serve customers through its online presence at http://www.nordstrom.com as well as with its three direct mail catalogs. Nordstrom, Inc. is publicly traded on the NYSE under the symbol JWN.

Paula Weigand, Nordstrom Inc.
(206) 373-3036