No Wal-Mart For Union Square

The Virgin Megastore space in Union Square will not become a Wal-Mart after all, much to the relief of many New Yorkers. Via Gothamist:

While the shuttered Times Square Virgin Megastore transitions into a Forever 21, WWD is reporting that the Nordstrom folks might be taking over the Virgin Megastore space. The real deal high price Nordstrom department store you've seen in the mall isn't looking to move in, however, it's their discount shop called The Rack that would be unpacking there. A spokeswoman for Nordstrom told WWD, “We looked at Union Square and would like to have a Rack in Manhattan. Nothing is signed yet. We are talking to them.” But word is the lease is "very, very close" to being signed.

Nordstrom Rack? Nevah hoid of it.