Nordstrom Is Closing San Francisco Stores as Cities’ Retail Pain Grows
May 3, 2023 | Jim Carlton, Kate King, & Suzanne Kapner | WSJ
Nordstrom is closing two stores near downtown San Francisco, including one in a prominent indoor shopping mall, the latest blow to the city’s retail landscape.
The closures also reflect the challenges that merchants face in key business districts in large cities across the country, as they deal with rising operating costs, concerns about crime, and foot traffic remaining well below prepandemic levels.
