The corporate at the moment has 116 full-line shops, absent its off-price Nordstrom Rack areas and Trunk Membership enterprise. All of its shops have been quickly shut to attempt to assist curb the unfold of Covid-19 since mid-March.
The everlasting closures, that are set to happen this 12 months, influence Nordstrom shops throughout California, Florida, New Jersey and Texas. (See the complete listing of the 16 shops under.) This implies roughly 14% of Nordstrom’s full-line shops are going darkish.
“Greater than ever, we have to work with flexibility and velocity,” CEO Erik Nordstrom mentioned in a press release earlier this week.
Nordstrom shares had been up about 4% Friday afternoon, amid a broader market rally. The inventory, valued at $2.eight billion, has fallen about 56% this 12 months.
Right here is the complete listing, because it was confirmed by a Nordstrom spokeswoman:
Chandler Trend Middle, 3199 W. Chandler Blvd., Chandler, Arizona
Arden Truthful Mall, 1651 Arden Manner, Sacramento, California
Paseo Nuevo, 17 W Canon Perdido St., Santa Barbara, California
Montclair Place, 5015 N. Montclair Plaza Ln., Montclair, California
Westfield North County, 270 E Through Rancho Pkwy, Escondido, California
3601 The Galleria at Tyler, Riverside, California
Stoneridge Buying Middle, 1600 Stoneridge Mall Rd., Pleasanton, California
FlatIron Crossing, 21 W. Flatiron Crossing Dr, Broomfield, Colorado
Waterside Outlets, 5489 Tamiami Path N., Naples, Florida
Dadeland Mall, 7239 N. Kendall Dr., Miami, Florida
1800 Annapolis Mall, Annapolis, Maryland
Freehold Raceway Mall, 3710 U.S. Freeway 9, Freehold, New Jersey
Clackamas City Middle, SE 85th Ave., Blissful Valley, Oregon
North East Mall, 1101 Melbourne Rd, Hurst, Texas
Quick Pump City Middle, 11812 W. Broad St., Richmond, Virginia
4000 The Mall of San Juan Blvd., San Juan, Puerto Rico