Login

Nordstrom Executives Say Days of Mass Store Closings Could Be Over

In Spite of $690 Million Annual Loss, No Plans To Further Downsize Real Estate
Nordstrom has been an anchor of Menlo Park Mall in Edison, New Jersey, since 1991, according to CoStar records. (CoStar)
Nordstrom has been an anchor of Menlo Park Mall in Edison, New Jersey, since 1991, according to CoStar records. (CoStar)
By Clare Kennedy
CoStar News
March 3, 2021 | 3:54 AM

Luxury department store chain Nordstrom said it's aiming to keep almost all its existing stores open this year, suggesting an end to turbulent months for real estate in the pandemic that forced the retailer to permanently close locations nationwide.

This news story is available exclusively to CoStar subscribers.

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.

This news story is available exclusively to CoStar subscribers.

Ready to Learn More?

Sign Up For a Personalized Demo.

Sign Up For a Demo To Learn More.

Already A Subscriber? Sign In

IN THIS ARTICLE