A Nordstrom that doesn’t stock clothes?! 

Innovation continues in all sectors of the economy.  In Q1 2017, Nordstrom experienced a 6.8% decline in retail store sales, and an 11% increase in online sales.  Then in Q2, online sales were up 20% year over year. The department store announced 09/11/17 that its new concept, Nordstrom Local, will be a 3,000-square foot store (their retail stores average 140,000 square feet) where customers can do things like try on clothes with a stylist, get manicures, and order coffee — or even wine or beer. Nordstrom said this location won’t stock accessories or clothing itself, but that people can order items for same-day try-on and pickup at the store.  The store will feature in-store tailoring and alterations. The goal is a personalized, faster, easier shopping experience.  Their advertisements are catchy – a Nordstrom’s that doesn’t stock clothes?  And they don’t mention anything about lower prices.  The first location will open in West Hollywood, CA on October 3rd.

Good News provided by The Seay Group Realty, dedicated to service and exceeding your expectations. Call us today!