45,000 Retail Stores Could Shutter In The Next 5 Years: UBS
... year after filing for Chapter 11 bankruptcy. Luxury department store Nordstrom, which shut down 15 locations last year, is exploring a ...
May 01, 2024
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Nordstrom Explores Going Private
... deal after talks fell apart in 2018. In 2017, the Nordstrom family explored a deal with numerous private equity firms, including ... to up the price, using Leonard Green's equity and Nordstrom’s ability to get more debt and third-party financing ...
Mar 19, 2024
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Nordstrom Sets New Growth Path By Adding 22 Discount Stores
... 258 Rack locations in the U.S. and 93 Nordstrom stores. Nordstrom executives said net sales of the Rack brand increased ... 150 stores, including its flagship store in San Francisco. Nordstrom executives said the retailer will also expand customer access via ...
Mar 07, 2024
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Retailers Put Theft In The Spotlight — But Does The Publicity Fit The Crime?
... dollars speeding the exit of a raft of retailers. When Nordstrom confirmed its exit from Westfield’s flagship mall in the ...
Nov 08, 2023
News
Landlords Claim Target Is Using Crime To Deflect From Its Other Problems
... claimed. U.S. retailers such as Walmart, Dollar Tree and Nordstrom have been vocal about the impact of organized retail crime ...
Oct 10, 2023
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Macy’s Hits Fast Forward On Small-Format Store Plans, Aims To Open 30 New Stores
... alone among retailers known for large footprints looking to shrink. Nordstrom has said it would pull back its Canadian operations to ...
Oct 03, 2023
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Not 'The Store That Westfield Promised': American Eagle Sues Landlord Over Conditions At S.F. Mall
... San Francisco shopping center. The company cited the closure of Nordstrom at the mall, which would dramatically affect occupancy and likely ...
Sep 13, 2023
News
Retailers Flash Warning Signs That Consumer Spending Might Be Waning
Some of the U.S.’s biggest retailers, including Nordstrom, Macy’s and Kohl’s, are seeing a decline in ... earners feeling the pressure on their budgets, analysts said. While Nordstrom’s credit card revenues grew by 10% in the first ...
Aug 25, 2023
News
With $925M LA Mall Refi, Unibail-Rodamco-Westfield Signals Staying In U.S. After Planning To Sell
... . The property is anchored by Macy's, Bloomingdale's and Nordstrom. URW had announced plans to divest its U.S. mall ...
Aug 17, 2023
News
Up A Creek With A Paddle: Pickleball Concepts Gobbling Up Big-Box Stores Left Vacant By Retailers
... trends. Its two-week-old pickleball court at a former Nordstrom parking lot is part of the owners plan to bring ... in experience-based retailers. Three years after the Nordstrom shuttered at the beginning of the pandemic, the mall has ...
Jul 24, 2023
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