Nordstrom
We are sure that you might be surprised to hear this if you are a big fan of Nordstrom. The company did not invest money in rescuing its physical locations but decided to pour in more effort into their Rack locations and e-commerce site. Even if this is the case, the retailer will be opening a flagship store with 7 floors in the Big Apple. Even though you have not seen many locations closing, they are doing it quietly.
Target
Target is not really going anywhere any time soon, so do not fret too much. Six locations shut down earlier in the year, and they closed six more before the year came to a close. In 2018, the company had to shut down 13 locations, and 12 more the year before that. It does not mean that the retailer is in danger, however. The company is planning to open 30 new but smaller locations. It is also remodeling around 300 large locations in the years to come. Don’t worry, it is only downsizing and restructuring.