Nordstrom
This might be surprising to a lot of people, especially those Nordstrom fans. Instead of investing money in saving its storefronts, Nordstrom is using more time and energy into their Nordstrom Rack locations as well as their online site. However, Nordstrom is opening a flagship store in New York City that will take up seven floors! While you might not have noticed a lot of Nordstrom stores closing, they are, just quietly.
Nordstrom
Target
Before you start getting worried, Target isn’t going anywhere. However, six Target locations have closed so far in 2019. By the end of the year, the company is planning on closing another six locations. In 2018, the store lost 13 locations and 12 during 2017. Just because stores are closing doesn’t mean the whole chain is in danger of shutting down. Meanwhile, Target is opening 30 new, but smaller, locations this year and is remodeling around 300 of its large locations over the next few years.
Target