Seattle – October 15, 2026 -- Nordstrom, Inc. will open a 51,500-square-foot Nordstrom Rack store at 2 Stockton Street in San Francisco in fall 2027, re-entering the downtown market through its off-price division.
Invesco Real Estate-owned building in Union Square will house the new store
The site is at 2 Stockton Street, San Francisco, CA 94108, in the Union Square neighborhood. Invesco Real Estate owns and manages the building.
Mayor Lurie cites downtown recovery as retailers return
San Francisco Mayor Daniel Lurie said companies were leaving the city three years ago and now want to be there. He credited efforts to make streets safer and cleaner, bring people back downtown and cut red tape. Co-CEO Erik Nordstrom said the city has built momentum in making downtown a good place for customers.
Nordstrom Rack offers up to 70% off and is the company's largest source of new customers
Nordstrom Rack is the off-price division of Nordstrom, Inc. It sells apparel, accessories, beauty products, home decor and shoes from brands also sold at Nordstrom stores, at discounts of up to 70%. Services at the new store will include online order pickup for Nordstrom.com and NordstromRack.com, plus returns. Alterations are offered at select stores only. Nordstrom Rack president Gemma Lionello said the store will serve customers with "great brands at great prices."
Nordstrom operates 97 California locations supporting more than 11,200 jobs
The company currently runs 21 Nordstrom stores, 70 Nordstrom Rack stores and six Nordstrom Locals in California, generating more than 11,200 jobs statewide. In October 2025, it opened a Nordstrom Local Fillmore location in the city's Pacific Heights neighborhood, which the company cites as part of its continuing investment in the Bay Area.