Nordstrom announced earlier this week that it will permanently close 16 of its department stores, after assessing each state it operates in and the blow it suffers as a result of the coronavirus pandemic.
The company now has 116 full-line stores, outside of its discounted Nordstrom Rack stores and its Trunk Club business. All of its stores have been temporarily closed in an attempt to curb the spread of Covid-19 since mid-March.
The permanent closings, which are slated to take place this year, are having an impact on Nordstrom stores in California and Florida, New Jersey and Texas, among other states. (See the full list of 16 stores below.) This means that about 14% of Nordstrom’s full-line department stores are darkening.
“More than ever, we need to work with flexibility and speed,” said CEO Erik Nordstrom in a statement earlier this week.
Nordstrom shares rose about 4% on Friday afternoon amid wider market rally. The stock, valued at $ 2.8 billion, has dropped about 56% this year.
Chandler Fashion Center, 3199 W. Chandler Blvd., Chandler, Arizona
Arden Fair Mall, 1651 Arden Way, Sacramento, California
Paseo Nuevo, 17 W. Canon Perdido St., Santa Barbara, California
Montclair Place, 5015 N. Montclair Plaza Lane, Montclair, California
Westfield North County, 270 E. Via Rancho Parkway, Escondido, California
3601 La Galleria in Tyler, Riverside, California
Stoneridge Mall, 1600 Stoneridge Mall Road, Pleasanton, California
FlatIron Crossing, 21 W. Flatiron Crossing Drive, Broomfield, Colorado
Waterfront Stores, 5489 Tamiami Trail N., Naples, Florida
Dadeland Mall, 7239 N. Kendall Drive, Miami, Florida
1800 Annapolis Mall, Annapolis, Maryland
Freehold Raceway Mall, 3710 U.S. Highway 9, Freehold, New Jersey
Downtown Clackamas, SE 85th Ave., Happy Valley, Oregon
North East Mall, 1101 Melbourne Road, Hurst, Texas
Short Pump Town Center, 11812 W. Broad St., Richmond, Virginia
4000 The Mall of San Juan Blvd., San Juan, Puerto Rico