Add Saks to the great bonfire. Macy's is barely holding on, they are spread so thin. JCP, Neiman, Barneys, corpses all stinking up the place, disgusting.
But JWN was always very selective about where to put its FLS. There is no Nordstrom store at the Cascade Mall in the Skagit valley – but there is [was?] a Macy's. It will be interesting to see if the aggressive expansion of the Rack stores still works, or if we'll see a lot of these close as well.
The planning and strategy for the months ahead must be pretty intense. Loans have been sharked, precious capital has been sc-aped and pooled, and now it must be deployed with great care for just a chance at survival. The entire space of the business, the supply chain of fashion, distribution, stores, rent, staff, food, must be under intense scrutiny and possibly with fresh insights. If Nordstrom can survive this crisis, it may be the one quality BAM FLS retailer left in the USA.
Will you keep all 3 web-store distribution centers? Now more than ever? Is "808" the anchor of the rest now? Do you rebuild New Nordstrom around this core?
Will the [director?] behind the t— bathrooms and feminine products in the men's rooms in the corp center keep his/her/xir/zira job? Is this person essential? How about the lackeys who promoted woke gurls in tech and such nonsense? Are they adding real value daily?
I assume you're out of 864 by now – that space since gobbled up by a doomed effort by Oracle to build a cloud service no one wants. Did you bring that spectacularly vulgar and awful sign from the entranceway on 5th floor 864 HR, did you salvage that and bring it to 865? or was it mercifully recycled? Is it sitting in someone's garage?
Nothing is sacred! And Nordstrom has an odd opportunity here, if they can pull it off, to be the last serious retailer standing. The loyal customer base is still out there, probably can't wait to get out and shop and have a nice meal once the Chinese virus has passed.
Unless BAM as an idea is truly done. People watching over stacks of sweaters and rounders full of fresh merchandise. Buyers and planning, inventory and presentation, shelf space. I would miss this world, but it's up to the masses to decide. Amazon's retail dream is a 7-11 with hi-tech scanners and no staff; maybe the millennials agree and want this for themselves, too.