Alberto Perez-Elias is one of four men charged in the armed robbery of a Cape Coral, Florida, jewelry store and remains at large.
Nordstrom relocates full-line store, adds 2 Racks
Over the past few weeks, Nordstrom has made a number of announcements regarding new locations for both full-line stores as well as its off-price division, Nordstrom Rack.
Most recently, the company announced plans to relocate its full-line Nordstrom store located in the Westfield UTC shopping center in San Diego to a new space within the mall. Nordstrom will be moving to the west side of the center along Genesee Avenue.
The new two-level store, which will be approximately 145,000 square feet, is slated to open in 2017. The relocation is part of UTC's “resort-inspired evolution,” according to Nordstrom, which also includes additional mall space, structured parking, and the addition of new specialty shops, restaurants, entertainment, sustainable design features and family-friendly amenities.
Nordstrom’s current full-line store (130,000 square feet in size) opened in the Westfield UTC, formerly University Towne Centre, in September 1984.
Additionally, Nordstrom said that it will open two new off-price Rack stores in California, one at the Mountain Grove shopping center in Redlands and another at The Shops at River Walk in Bakersfield. Both will be 35,000 square feet in size are expected to open in spring 2015.
The Mountain Grove store will be the seventh Rack destination within the Inland Empire region of southern California. The Bakersfield location, meanwhile, will be the company’s first Nordstrom Rack in the city.
RELATED CONTENT: Nordstrom takes off-price to The Last Frontier
Many major retailers, both high-end and mid-tier, have been investing heavily in their off-price and outlet store segments in recent years.
Nordstrom currently has more Rack stores than full-line locations. The retailer told National Jeweler last month that it plans to open a total of 27 new Rack stores in 2014, as compared with only three full-line stores.
Saks also said it plans to open several more Off 5th stores this year. By the end of the year, more than 60 percent of its 118 locations will be off-price stores.
The Latest

The “Kat Florence Luminas” will be offered together as one lot and could fetch up to $637,000.

Four directors were elected to the AGTA board and will serve three-year terms beginning in February.

Submit your pieces for a chance to win in this year's competition.

Ken Citron joins the celebrity memorabilia-focused auction house ahead of its first week-long series of events in Abu Dhabi.


The jewelry retailer said it sees opportunity at higher price points, particularly in natural diamonds for bridal and fashion.

The Los Angeles-based, family-owned jeweler was founded by Lenny and Sunny Friedman in 1946.

Retailers are seeking new ways to attract customers, increase traffic, and create revenue – Estate buying events are a popular solution.

The auction, held in Bangkok, was 96 percent sold by lot, with nearly 411,000 carats of Mozambiquan rubies sold.

Learn more about the new terms for lab-grown diamonds and composite gemstones, and the major changes in store for precious metals jewelry.

Bromberg is remembered as a Southern gentleman who always wore a suit and tie and treated others with kindness.

With high durability and a wide range of colors to choose from, sapphires may be the ultimate birthstone, Gizzi claims.

Laughter is often considered a distraction in the workplace, but it has benefits for both staff and management, Peter Smith writes.

Gretchen Koback Pursel is the new chief people officer at the company formerly known as Saks Global.

The California jeweler is renovating its store in Fresno, with plans to show off the new space in December.

A lifelong practitioner of Pilates, Gabrielle looked to the springs’ tension and suspension when creating this ring, our Piece of the Week.

The deadline to apply is Nov. 13.

The auction house has promoted Remi Guillemin, formerly its head of watches for the Americas and EMEA, to the role.

Zaven Ghanimian discussed the value of human craftsmanship and where the implementation of artificial intelligence does work.

Jewelers of America also revealed the recipients of the Seymour & Evelyn Holtzman Bench Scholarship and its own scholarship programs.

The British actor, known for his roles in “Twilight” and “The Odyssey,” will star in a campaign for the Master Control Chronometre.

The “Confetti Disco,” “Champagne Cheers,” “Tuxedo,” and “Classic Punk” jewelry collections each capture a distinct spirit of celebration.

Nelson Holdo of Newport Beach pleaded guilty to multiple counts of felony grand theft and writing bad checks and was sentenced Monday.

Cat ladies of the jewelry world, unite. Sandy Lerner’s “significant” collection of cat jewelry and other objects is going up for auction.

Arnaud Michon, the former Omega USA President, will now lead Messika’s Americas region during its international development.

The branding references the back-to-back jewelry shows that new parent company Forge will host in Miami's Coconut Grove this November.

The stainless steel Patek Philippe “Calatrava” watch from the 1930s sold for nearly $80,000 at a recent Hansons Cornwall auction.























