125-year-old mall retail anchor closes discount outlet, cuts 101 jobs
The department store model isn’t dying. Instead, it is quietly reshaping itself. While headlines typically highlight massive retail contractions, including Macy’s closing 80 stores and Saks Global’s Chapter 11 bankruptcy, some of the legacy chains are executing strategic footprint adjustments instead of a full retreat. Few retailers illustrate this survival shift better than Nordstrom. The
