Latest Pennsylvania Real Estate Investment Trust Stories

SEATTLE, July 28, 2011 /PRNewswire/ -- Seattle-based Nordstrom, Inc. (NYSE: JWN) announced today plans to open a new Nordstrom Rack in Willow Grove, Pa. outside of Philadelphia. The new 40,000 square-foot store is scheduled to open during spring 2012 at Willow Grove Park. Nordstrom Rack is the off-price retail division of Nordstrom, Inc., and carries on-trend merchandise from Nordstrom stores and Nordstrom.com at 50-60% off original Nordstrom prices. Nordstrom Rack also offers a wide...

PHILADELPHIA, July 27 /PRNewswire/ -- As families struggle to stretch their dollars further, the fundamental rules of back-to-school shopping have changed this year. So has Pennsylvania Real Estate Investment Trust's (PREIT) marketing strategy. PREIT's Back-to-School Val-U promotion, which includes a gift-with-purchase program offering free school supplies and special offers from retailers at 38 participating shopping centers, is focused primarily on value, and PREIT tapped into new...