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Luxury Department Store Closing Locations in Two Cities: What to Know
Luxury Department Store Closing Locations in Two Cities: What to Know

Newsweek

time08-07-2025

  • Business
  • Newsweek

Luxury Department Store Closing Locations in Two Cities: What to Know

Based on facts, either observed and verified firsthand by the reporter, or reported and verified from knowledgeable sources. Newsweek AI is in beta. Translations may contain inaccuracies—please refer to the original content. Nordstrom department store is closing locations in two cities but is opening one new location. Newsweek has contacted Nordstrom via email for comment. Why It Matters Nordstrom was founded as a shoe store by Wallin & Nordstrom in 1901 by family patriarch John W. Nordstrom, a Swedish immigrant. It has been in business for over a century and is one of only a handful of U.S. luxury department stores to remain in business as consumers increasingly rein in their discretionary spending and move toward online retailers for the purchases that they do make. Low-angle view of sign with logo on facade at Nordstrom, Broadway Plaza, Walnut Creek, California, April 8, 2025. Low-angle view of sign with logo on facade at Nordstrom, Broadway Plaza, Walnut Creek, California, April 8, 2025. Smith Collection/Gado/Getty Images What To Know Two Nordstrom stores are set to close by the end of this summer. The first is 20 Broadway in Santa Monica, California, which will close by August 26. The second is 1453 Saint Louis Galleria in St. Louis, Missouri, which will close by August 24. A spokesperson for Nordstrom confirmed the closures to USA Today and said that despite the closures, they hope to transition employees at the affected stores to other locations, adding that "decisions like this are never easy." Fox News has reported that Dick's House of Sports will replace the St. Louis location. Nordstrom is far from the only store closing locations. Back in March, Macy's announced that it would shutter 150 underproductive stores, and JCPenney closed seven locations across the country in May. The retailer is, however, set to open a new location in San Francisco. The store will be replacing Nordstrom's flagship in the city, which shut in 2023 after 25 years, citing changing dynamics in the San Francisco market. The store had been hit by looters and was one of multiple stores, including Saks Off 5th, Banana Republic, and Office Depot, to shutter locations in the city as San Francisco became a flashpoint for theft. California Governor Gavin Newsom launched a statewide crackdown on theft starting in 2025. Nordstrom local will look different from the original full-scale department store. It will be a smaller-format concept, offering pickups of online orders, returns, tailoring and personal styling appointments. The store will not carry traditional retail inventory. Nordstrom announced that it would be going private in December after the family announced it had made a $6.25 billion deal to buy all remaining shares in the company alongside Mexican department store company El Puerto de Liverpool. What People Are Saying Nordstrom CEO Erik Nordstrom said in a statement in December when the announcement hit that the company would be going private: "Today marks an exciting new chapter for the business. On behalf of my family, we look forward to working with our teams to ensure Nordstrom thrives long into the future." What's Next How brick-and-mortar locations for Nordstrom evolve remains to be seen.

38% off and more shoe deals to shop at Nordstrom's Anniversary Sale
38% off and more shoe deals to shop at Nordstrom's Anniversary Sale

New York Post

time08-07-2025

  • Business
  • New York Post

38% off and more shoe deals to shop at Nordstrom's Anniversary Sale

New York Post may be compensated and/or receive an affiliate commission if you click or buy through our links. Featured pricing is subject to change. Move over, Prime Day 2025, this rival event is packed with designer deals and summer staples. Amazon Prime Day might be grabbing the spotlight, but Nordstrom Anniversary Sale is quietly running one of the hottest sales of the season. Nordstrom began in 1901 as a Seattle shoe store called Wallin & Nordstrom, founded by Swedish immigrant John W. Nordstrom and local shoemaker Carl F. Wallin. Known for quality footwear and exceptional service, it quickly grew into a trusted name in retail. By the 1960s, the company expanded into clothing and became the iconic fashion destination it is today. If you've been waiting for the perfect moment to refresh your footwear lineup, this is it. Currently, Nordstrom is offering major markdowns on designer shoes across every category, from everyday sneakers and comfortable slides to statement heels and elevated workwear staples. We're talking up to 38% off shoe brands like Veronica Beard, New Balance, adidas and more. Plus, 70% other categories! If you're chasing down a summer wedding look or just want comfy-chic styles for everyday errands, these deals are built to last and fly fast. Ahead, we've rounded up the best shoes on sale at the Nordstrom Anniversary Sale deals right now. Your closet (and your feet) will thank you. Women's Shoes | Men's Shoes Women's Shoes Nordstrom Chunky Grandpa sneakers are in and the New Balance 550s fit the part. These off-court sneakers emit vintage vibes with clean original details and three classic shades. Reviewers recommend sizing up for optimal comfort. Nordstrom Platform sneakers are having a moment, and the unstoppable Stan Smith by Adidas are certainly front and center of the show. These triple-snacked sneakers elevate the classic look with the same serrated stripes to keep close to their vintage roots. Nordstrom Whether you're training for a marathon or jogging for leisure, a pair of On's Cloudmaster is a worthy investment. Their absorbent super foam cushioning and slip-on style have placed them at the top of the running shoe category. Step up your style game with a pump that means business by day and turns heads by night, complete with a modern Mary Jane strap, sharp pointed toe, and walkable flared block heel. Bring a little sunshine to every step with this effortlessly cool canvas wedge, complete with braided jute accents, a cushy footbed, and a lightweight sole made for all-day strolls. Make an entrance in this sleek suede slingback, where a sculptural asymmetric strap and tapered heel add just the right amount of edge to your polished look. Nordstrom Channel effortless sophistication with this timeless kitten-heel pump, crafted in luxe leather with a sleek, softly pointed toe that elevates everything from workwear to weekend plans. Nordstrom Slip into subtle '90s nostalgia with this chic d'Orsay pump, featuring a squared toe, slim slingback strap, and flared heel that brings retro polish to modern-day looks. Get into your warm-weather wardrobe with this feminine block-heel sandal, finished with a charming bow, pearly detail, and ankle strap that balances grace and all-day comfort. Nordstrom Step into effortless elegance with these block-heel sandals, featuring a chic square toe accented by a delicate bow and pearly bead, plus an adjustable ankle strap for a perfect fit all day long. OlaKai Customers recommend ordering your usual whole size. If you're between sizes, simply go down to the next size for the perfect fit. Men's Shoes Nordstrom Enjoy effortless comfort and easy care with these classic beach-ready flip-flops, featuring a cushioned anatomic footbed and machine-washable design for all-day wear. Celebrate Italian style and heritage with the adidas x C.P. Company 'Italia Spezial' sneaker, crafted from premium leather with contrast overlays, a crepe-rubber toe cap, and a waffle-tread sole—finished with iconic logos for a fresh, sporty look. Nordstrom The timeless, desirable boat shoes have come back even better — Sperry's Original Two-eyes provide a custom fit with a 360° lacing system and razor-cut wave siping for reliable wet and dry traction. Nordstrom Make the most of monster cushioning with On's best-selling men's running shoes. These high-energy sneakers have been intelligently engineered to soften your landings and strike powerfully to keep your momentum going at any distance. Nordstrom Slash those dollar signs off a pair of formal boots built to last a lifetime. The grounded contours and grippy lugs make these cap-toes an exquisitely durable all-around shoe for all your more sophisticated occasions. Nordstrom Stay faithful to the icons, adidas lace-ups are seeing a major uptick and we can see why. The '79 Street sneakers are soft and comfortable on and off the court and have just the right amount of bounce to keep the pep in your step. Get all-day energy and comfort in these modern lace-up shoes, featuring breathable perforated knit uppers and responsive FlowerFoam cushioning that absorbs impact and propels every step forward. Step into timeless style and all-day comfort with these brogued wingtip boots, crafted from hand-finished full-grain leather and featuring a flexible sole, memory-foam footbed, and cozy sheepskin lining. Nordstrom Made in Spain with impeccable hand-finished details, this boardroom-ready derby features a burnished toe, water-resistant leather, and a cushioned insole. Just order a half size down for the perfect fit. Nordstrom Anniversary Sale FAQs, answered by shopping pros When is Nordstrom Anniversary Sale 2025? This year's annual sale runs online and in-person beginning with early access on Tuesday, July 8 for Nordy Club members, and will be available to the general public Saturday, July 12 through Sunday, August 3. When can I access the sale? Nordy Club members should check their status, as they may be able to access the sale early, based on the tiers below: Icon status : July 8 : July 8 Ambassador status : July 9 : July 9 Influencer status : July 10 : July 10 Everyone else: July 12 What's on sale, and is it worth shopping? Nordstrom's Anniversary Sale is a great time to score major discounts on luxury labels, baby gear, beauty sets and much more. This event has something for everyone: keep an eye out for some of our favorite brands like Kiehl's, Charlotte Tilbury, Le Creuset, Nuna and Hunter. This year's sale will see 65 new brand names featured in the catalog, including Rothy's, G.H. Bass, Alice + Olivia, Florence by Mills, WonderFold and many more. This article was written by Emma Sutton-Williams, New York Post Commerce Writer/Reporter and resident fashionista. Emma is one of the best-dressed ladies in The Post's office, and also known for finding an unbelievable deal on any one of her stylish outfits. Divulging on everything from the most-popular and most-underrated purse brands to her honest thoughts on Kim Kardashian's Skims undergarments and apparel, Emma has cultivated an eye for style and an expertise for identifying the clothes and accessories worth your coin. At the same time, she proudly models the products she picks so you can see their fit and function first-hand. Emma has been creating shopping guides for The Post since 2024, and previously held bylines in Rolling Stone, Oprah Daily, Parents, InStyle, StyleCaster and more.

Large fashion retailer closes stores amid alarming customer trend
Large fashion retailer closes stores amid alarming customer trend

Miami Herald

time01-07-2025

  • Business
  • Miami Herald

Large fashion retailer closes stores amid alarming customer trend

Did you see headlines saying every 10 minutes one store closes in the United States? While there's no real data to confirm the attention-grabbing headline, considering the number of recent closures, it does sound plausible. If true, it signals a major retail crisis. Don't miss the move: Subscribe to TheStreet's free daily newsletter Why are retailers having such a hard time? Many of them, even large chains, are not being able to deal with the current economic challenges, as they are yet recovering from the disaster that the Covid pandemic brought upon them. So many brick-and-mortar stores were swiped by the pandemic, and what's worse, even before Covid, they had been struggling to survive the so-called "Amazon effect." Both smaller operators and large national chains are dealing with persistent inflation and increasing rates on debt obligations. It is projected that more than 15,000 stores across the country will shut their doors this year, which is more than double the number that closed last year. Among the biggest names that have recently closed multiple stores or even gone bankrupt are CVS, Kohl's, Walmart, JCPenney, At Home, GameStop, Macy's Rite Aid, Joann, and many more. That's right - all kinds of retailers and businesses are impacted by these challenging times, from popular and luxury brands, to department stores, to grocery and supermarket chains. All of them are fighting to survive. Taking all this into account, it's no surprise that one iconic mall retailer has closed two more stores. Image source: Shutterstock Nordstrom has a huge base of loyal customers for several reasons, among which consumer-focused experience is the most praised. It places a lot of effort on making service one of its strongest points, which seemed to have benefited both the company and customers. The fashion giant is often lauded for its personalized shopping experience, customer-centric culture, and amazingly generous return policy. It's often mentioned on social media, with fans claiming the retailer is extremely flexible, making every return hassle-free. Related: Largest office supply retailer closing stores, no bankruptcy Nordstrom now operates around 350 stores, but it all started back in 1901 when the first shoe store opened at Fourth and Pike in Seattle. That's right, the first one was a shoe store. John W. Nordstrom, a young and hardworking immigrant from Sweden, worked in mines, went to Alaska in search of gold, and then was offered and accepted a partnership by Seattle shoemaker Carl F. Wallin. More Retail: Huge retail chain suddenly closing hundreds of storesMajor retailer scores huge benefit from Joann bankruptcyHome Depot, Target, Ulta and more strike back at retail crime The business grew, and by 1960, the Seattle shoe shop became the biggest across the nation, running eight locations in Washington and Oregon. In 1971, the company went public, and two years later, Nordstrom was recognized as the biggest fashion specialty store on the West Coast. Despite its capacity and customer loyalty, Nordstrom is not immune to the current economic challenges and alarming customer trends, which is why over the last five years, it has closed more than a dozen stores. Nordstrom's latest store to close after nearly 15 years is the one at Santa Monica Place, California. Related: Costco brings back controversial perk, dividing loyal shoppers "We believe we'll be best able to serve customers in the area by leveraging our surrounding stores and through our digital channels," Nordstrom said in a statement, according to 4NBC Los Angeles. The three-level store, often praised for its location, which is two blocks from the beach, will have its last business day on August 26. Nordstrom has not yet revealed how many people might lose their jobs, but added it will help them find another position within the company. Earlier in June, Nordstrom confirmed it would close another of its mall locations this summer. It is the store inside the Saint Louis Galleria in Richmond Heights, Missouri. A Nordstrom spokesperson shared that the closure is part of a wider strategy to focus on nearby locations and digital operations, reported 5 On Your Side. About 135 employees should be impacted by the closure of the Galleria locations, and some of them will have a chance to transfer to other Nordstrom stores. Nordstrom also operates two Nordstrom Rack stores in the St. Louis region, one at 1585 South Brentwood Blvd. in Brentwood, and another at 100 Highlands Blvd. Drive in Manchester. Related: Amazon shuts down another key business location The Arena Media Brands, LLC THESTREET is a registered trademark of TheStreet, Inc.

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