Nordstrom 2011 Annual Report Download - page 10

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10
Item 2. Properties.
The following table summarizes the number of retail stores owned or leased by us, and the percentage of total store square footage represented
by each listed category as of January 28, 2012:
Number of stores
% of total store
square footage
Leased stores on leased land 128 32.3%
Owned stores on leased land 60 43.8%
Owned stores on owned land 36 23.2%
Partly owned and partly leased stores 1 0.7%
Total 225 100.0%
The following table summarizes our store opening activity during the last three years:
Fiscal year 2011 2010 2009
Number of stores, beginning of year 204 184 169
Stores opened 22 20 16
Stores closed (1)
- (1)
Number of stores, end of year 225 204 184
Nordstrom 117 115 112
Nordstrom Rack and Other 108 89 72
In 2011, we opened three Nordstrom full-line stores (Newark, Delaware; Nashville, Tennessee; and Saint Louis, Missouri), opened eighteen Nordstrom
Rack stores (Aventura, Florida; Austin, Texas; Arlington, Texas; Fremont, California; Charlotte, North Carolina; Lakewood, Colorado; Cherry Hill, New
Jersey; Washington, D.C.; Annapolis, Maryland; Redondo Beach, California; West Covina, California; Burlington, Massachusetts; Indianapolis, Indiana;
Tigard, Oregon; Lenexa, Kansas; Sugar Land, Texas; Tucson, Arizona; and National City, California), relocated two Nordstrom Rack stores (Boulder,
Colorado and Henderson, Nevada) and opened one treasure&bond store (New York, New York).
To date in 2012, we have opened one Nordstrom Rack store (Orange, California) and relocated one Nordstrom Rack store (Seattle, Washington).
During the remainder of 2012, we have announced the future opening of one Nordstrom full-line store (Salt Lake City, Utah), the opening of eleven
additional Nordstrom Rack stores (Boise, Idaho; Alpharetta, Georgia; Farmington, Connecticut; Temecula, California; Willow Grove, Pennsylvania;
Phoenix, Arizona; Manchester, Missouri; San Diego, California; Huntington Beach, California; Warwick, Rhode Island; and Tysons Corner, Virginia) and
the relocation of one Nordstrom Rack store (Long Island, New York).
We also own six merchandise distribution centers (Portland, Oregon; Dubuque, Iowa; Ontario, California; Newark, California; Upper Marlboro,
Maryland; and Gainesville, Florida) and own one fulfillment center on leased land (Cedar Rapids, Iowa), which are utilized by our Retail segment.
HauteLook, which is also included in our Retail segment, leases two administrative offices (Los Angeles, California and New York, New York) and two
distribution centers (both in Commerce, California). Our administrative offices in Seattle, Washington are a combination of leased and owned space.
We also lease an office building in the Denver, Colorado metropolitan area for our Credit segment.