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The building was completed in 1977. [1] According to The Oregonian, the building's construction "helped kickstart a much-needed retail revitalization". [2] In 2001, Parr Financial purchased the building from Portland CT Investment Inc. for $13.1 million plus $200,000 in other costs.
Nordstrom Rack is an American off-price department store chain founded in 1973. It is a sister brand to the luxury department store chain Nordstrom . As of 2023 [update] , Nordstrom Rack operates 348 stores in 41 U.S. states.
The Oakway Center is a shopping center in Eugene, Oregon.It is one of the three shopping malls in the area. The annual sales are $1 to 2.5 million (D&B: $1,300,000). [1] [2] Oakway Center is anchored by Nordstrom Rack, Old Navy, and Trader Joe's.
Most of its stores are Nordstrom Rack locations, off-price stores that may have a friendlier price point for younger shoppers. Still, CEO Erik Nordstrom said on the company’s March earnings call ...
It launched as a clearance center in the department of Nordstrom’s Seattle location more than 50 years ago, and is going strong with stand-alone locations across the U.S. plus an e-commerce site.
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