free web tracker Nordstrom Is Closing More Stores Despite $6B Deal to Go Private – Curefym

Nordstrom Is Closing More Stores Despite $6B Deal to Go Private

Nordstrom is entering a new era. The luxury department store announced major plans to go private following an approved $6 billion agreement with El Puerto de Liverpool, which has been an investor in the company since 2022. Once the ink is dry, the Nordstrom family will own 50.1 percent of the company, giving it the upper hand in decision-making changes—including those affecting Nordstrom Rack. First order of business? Shutting down multiple store locations by next month. Keep reading to see if your neighborhood Nordstrom and Nordstrom Rack will be impacted.

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​Two Nordstroms are closing their doors in Massachusetts.

nordstrom department store

In Massachusetts, both the Northshore Mall, located in Peabody, and South Shore Plaza, located in Braintree, will cut ties with Nordstrom in 2025. The Nordstrom located within the Northshore Mall will cease operations on Jan. 31, while the South Shore Plaza location will close indefinitely on March 9, reports WBZ-TV.

“Decisions like this are never easy and we understand the impact they have on our team members,” a Nordstrom spokesperson told the news outlet. “We’re committed to taking care of our employees through this transition, which includes supporting those that are interested in finding another role within Nordstrom.”

Dick’s Sporting Goods will be taking over both retail locations following their lease expiration.

​A Nordstrom Rack recently closed on Staten Island.

Nordstrom Rack sign

The Nordstrom Rack at Empire Outlets in the St. George neighborhood of Staten Island, New York, didn’t live to see the new year. The storefront closed on Dec. 4, 2024, two years after the mall filed for foreclosure. Nordstrom confirmed the news in an email to SILive.com, citing the space’s lease expiration.

The company also said it doesn’t have plans to close any additional Nordstrom or Nordstrom Rack locations in the New York City area.

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“Our other Nordstrom and Nordstrom Rack stores in the area will remain open. This includes our flagship New York City store, our men’s store, two Manhattan Rack locations, and two Manhattan locals. Customers can continue to take advantage of our suite of services at any of these locations,” reads the statement.

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Two Nordstrom Rack locations in upstate New York will close in February.

Closeup of a Nordstrom Rack store

Two more Nordstrom Racks in upstate New York will face store closures next month. Both locations are in mall centers and have leases that are set to expire on Feb. 1. Their addresses are:

​Philadelphia is closing one Nordstrom Rack store.

Nordstrom Rack Store Exterior

In Dec. 2024, the company announced it would be shuttering a Philadelphia Nordstrom Rack store due to “lack of growth.” The 43,000-square-foot retail space is located at 1785 Franklin Mills Cir., within the Philadelphia Mills Mall.

“We’ve been fortunate to be a part of this community for over nine years, so the decision to close was an extremely difficult one for us,” said Laurie Black, executive vice president and president, Nordstrom Rack in a press release. “We are grateful to our employees for their hard work and for the loyalty of our customers. Unfortunately, sales growth has not met our expectations over the past few years and we have chosen to close this location.”

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Despite numerous store closures, Nordstrom is still expanding. ​

interior of a Nordstrom Rack store

Nordstrom may be closing many of its locations, but its portfolio is also expanding. Since Sept. 2024, the company has unveiled plans to open nine new Nordstrom Rack locations across the country:

  • Nashua, New Hampshire
  • Lubbock, Texas
  • Lakeland, Florida
  • Meridian, Idaho
  • Melbourne, Florida
  • Sarasota, Florida
  • Prosper, Texas
  • Hyannis, Massachusetts
  • Holbrook, New York

Additional details, including addresses and official dates for the stores’ grand openings, can be found online.

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