Report: Nordstrom closing store at Northgate Mall
Jun 7, 2019, 4:25 PM
Seattle-based Nordstrom is closing its Northgate location later this summer.
The store will permanently close its doors August 9, reports The Seattle Times. The Northgate Nordstrom has about 170 employees. The Nordstrom Rack at the mall will remain open.
The Times further notes that the retailer has been closing about two stores a year, which are deemed underperforming. The company has also reported declining profits in recent months. The newspaper states that stores like Nordstrom face fierce retail competition from the online market and discount stores.
Cleaning up the homelessness crisis in Northgate
Nordstrom was founded in 1901 and has its headquarters in Seattle.
The closure comes as the Northgate Mall is evolving. The property faces a massive change with NHL plans for a practice facility there for its new Seattle hockey team. Along with the change will come new retail space as well as living units.
MyNorthwest reported in February that plan for the Northgate facility includes: 400,000 square feet of retail space, 1 million square feet of office space, 953 residential units, 400 hotel rooms, roughly 7.5 acres of open space, and over 5,100 parking stalls. The Puget Sound Business Journal reports that there will also be a $75 million, 140,000-square-foot hockey facility built and funded by NHL Seattle.
The end goal for the 55 acre property will be a new mall and a hockey center.
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