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Nordstrom isn’t yet among the department stores that have reopened, but when they do, 1 out of every 7 of their locations won’t come back.
The Seattle-based retailer announced this week that they’re closing underperforming stores as they look to retool in light of the coronavirus pandemic.
Nordstrom isn’t on our list of stores that may not return after coronavirus, but they’re definitely taking a hit right now.
Nordstrom will close 16 of their 116 full-line stores.
Analysts familiar with Nordstrom say that the company has had too many of their stores in low-traffic areas for years, and that the closures have been a long time coming. Coronavirus just gave Nordstrom the push they needed.
Six of the locations closing are in California (Escondido, Montclair, Pleasanton, Riverside, Sacramento and Santa Barbara). The other 10 are in:
- Chandler, AZ
- Broomfield, CO
- Miami, FL
- Naples, FL
- Annapolis, MD
- Freehold, NJ
- Happy Valley, OR
- San Juan, PR
- Hurst, TX
- Richmond, VA
In addition, Nordstrom is closing all 3 of their Jeffrey boutiques (in New York City, Atlanta and Palo Alto, CA).
Besides their soon-to-be-100 full-line stores, Nordstrom has 247 Nordstrom RACK locations, 2 clearance stores, 5 Trunk Club clubhouses and 5 Nordstrom Local service hubs — a total of 359 stores.
There won’t be a liquidation sale — unless you count Nordstrom Rack.
The merchandise from these closed stores will likely find its way to other Nordstrom stores, Nordstrom.com, or the company’s discount retailer, Nordstrom RACK. The goods will just be moved around.
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When Nordstrom stores reopen, they’ll look very different.
The store closures will help Nordstrom pay for new coronavirus-era initiatives like curbside pickup and returns, and to repurpose stores as local fulfillment centers.
There’s no timetable yet for reopening of Nordstrom stores, and the retailer has said they’ll be taking a “market-by-market” approach, reopening in phases.
Nordstrom is preparing new health safety measures for when they reopen, including having fewer people in stores, new fitting room protocols, curbside service, and increased cleaning and sanitizing.