The Nordstrom Rack is a popular spot for people looking for a bargain. It is going to close its current shop in San Francisco’s SoMa neighborhood on Oct. 1. According to the sources the 42,000-square-foot store sells $200 jeans for $100. It was opened in 2001 in a shopping center at 555 Ninth St. Besides it is owned by Acadia Realty Trust.
But the retailer’s downtown Nordstrom Rack located on Mount Street will be open. Also, the neighboring full-line Nordstrom in the Westfield Mall will be open. The spokesperson from the company shared “Our market strategy enables us to look at how we’re best positioned to meet the needs of our customers across a market, rather than looking at individual stores”.
By closing one of their stores Nordstrom Rack has made plans to serve their customers better. They wanted to focus on their digital and physical assets, improve delivery service, and online store.
During the peak of Covid 19, the retailer closed sixteen Nordstrom Stock stores across the country. They did it as a response to the Covid 19 pandemic regulations. The company shared that it is unusual for them to close their Nordstrom Stores. They offer discounts of up to 70% off on apparel and shoes for men and women. The spokesperson shared that closing stores are not a thing they do often. They have closed just nine stores since 1995. On the other hand, they have opened 225 stores.
The retailer also has plans to shift their employees working at the SoMa location in the new roles available in the company.
Nordstrom Rack is a place frequented by bargain shoppers. The retailer always offers great products at slashed prices. So many people visit the stores to get the products they need at cut-rate costs. Their stores are available in many places in the US.