Seattle-based fashion retailer, Nordstrom, will open a new Nordstrom Rack location in Flower Mound later this year, according to a news release.

The store, which will be located within The Highlands of Flower Mound, will total 30,000 square feet. The store will be located within the former Market by Macy's location, per a news release.

Nordstrom Rack sells a selection of on-trend apparel, accessories, beauty products, home decor and shoes at discounts of up to 70% off, per the news release. Shoppers at Nordstrom Rack can shop merchandise from many of the brands typically found in a Nordstrom store.

The Seattle-based company operates eight Nordstrom stores in Texas along with 24 Nordstrom Rack locations, according to the news release.Editor's note: This story has been updated with additional information.