Covid-19 continues to wreck havoc, impacting the beauty industry’s retail market in a massive way. In an effort to navigate the consequences of the coronavirus outbreak the beauty and fashion retailers Nordstrom has decided to close 16 stores.
Nordstrom has announced the permanent closure of 16 stores and shared a plan to restructure its operations as a result of the COVID-19 (coronavirus) pandemic, they are expected to save $150 million because of these efforts.
Nordstrom confirmed in a report Business Insider that the following locations will close:
- Chandler Fashion Centre, 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 Ln., Montclair, California.
- Westfield North County, 270 E Via Rancho Pkwy, Escondido, California.
- 3601 The Galleria at Tyler, Riverside, California.
- Stoneridge Shopping Centre, 1600 Stoneridge Mall Rd.,Pleasanton, California.
- FlatIron Crossing, 21 W. Flatiron Crossing Dr, Broomfield, Colorado.
- Waterside Shops, 5489 Tamiami Trail N., Naples, Florida.
- Dadeland Mall, 7239 N. Kendall Dr., Miami, Florida.
- 1800 Annapolis Mall, Annapolis, Maryland.
- Freehold Raceway Mall, 3710 U.S. Highway 9, Freehold, New Jersey.
- Clackamas Town Centre, SE 85th Ave., Happy Valley, Oregon.
- North East Mall, 1101 Melbourne Rd, Hurst, Texas.
- Short Pump Town Centre, 11812 W. Broad St., Richmond, Virginia.
- 4000 The Mall of San Juan Blvd., San Juan, Puerto Rico.
However, they have re-opened some of their remaining stores and you can check if they have re-opened any near you here.
Nordstrom is the latest retailer to hint at challenging financial times ahead. It has been speculated that Neiman Marcus may become the first major U.S. department store to file for bankruptcy during the COVID-19 pandemic.