Santa Monica, August 22, 2025
News Summary
Nordstrom has announced the closure of its Santa Monica Place store on August 26, 2024, as part of a larger initiative to restructure its physical store network. Opened in 2010 and operating for nearly 15 years, the decision reflects changing shopping habits and online retail growth. Alongside this closure, the retailer is also shutting its Saint Louis Galleria store on August 24, while expanding by launching a new Nordstrom Rack in Encinitas by spring 2026. Safety concerns in the area and financial performance were also factors in this restructuring strategy.
Nordstrom to Close Santa Monica Location on August 26 Amid Retail Restructuring
California – Nordstrom has announced that its Santa Monica Place store will close on August 26, 2024, as part of a broader strategy to restructure its physical store network. Operating for nearly 15 years, this location opened its doors in 2010 and has been a fixture in the popular outdoor mall, which features high-end retailers such as Coach and Hugo Boss.
This closure comes as Nordstrom responds to the significant growth of online shopping, a trend that has prompted the retailer to evaluate its store presence. A spokesperson from the company emphasized that the decision was made to better serve customers through nearby locations and digital platforms.
In addition to the Santa Monica closure, Nordstrom is also set to close its store at the Saint Louis Galleria in St. Louis, Missouri, on August 24, 2024. The former Saint Louis location will be replaced by a new retail space for Dick’s House of Sports.
Concerns Affecting Santa Monica Closure
The decision to close the Santa Monica store occurs against a backdrop of rising safety concerns in downtown Santa Monica. Recent incidents of gun violence and attacks on police officers near the Santa Monica Place mall have heightened fears among local residents and businesses.
Despite these circumstances, Nordstrom aims to ensure a smooth transition for employees affected by the closure. The retailer plans to assist them in finding new roles within the company, helping to minimize disruptions to their employment.
Expansion in California and Financial Performance
Although the Santa Monica store is shutting its doors, Nordstrom is simultaneously expanding its footprint in California. The company is set to open a new 24,000-square-foot Nordstrom Rack store in Encinitas, expected to launch in spring 2026. As of late July 2024, the retailer operates 26 Nordstrom and 68 Nordstrom Rack locations across the state, with several new stores having opened within the past year.
In fiscal year 2024, Nordstrom reported a 4.7% increase in comparable sales year over year, indicating robust performance under current market conditions. The retailer also underwent a significant ownership change in May 2025, transitioning to private ownership following a $6.25 billion acquisition by the Nordstrom family and a partner, El Puerto de Liverpool.
Retail Restructuring Trends
The closure of the Santa Monica location is reflective of a broader trend among retailers in the U.S. Many companies, including Macy’s and Walmart, are closing locations as part of restructuring efforts aimed at adapting to changing shopping habits and economic pressures. This reduction in storefront presence has been notably observed since the COVID-19 pandemic, prompting many retailers to reevaluate their physical locations and focus on online sales.
As the retail landscape continues to evolve, Nordstrom remains committed to adjusting its approach to meet customer expectations, focusing on enhancing its digital presence while maintaining a network of accessible physical locations.
FAQ
Why is Nordstrom closing its Santa Monica store?
The closure is part of Nordstrom’s strategy to restructure its store network in response to the growth of online shopping and to enhance service through nearby stores and digital channels.
When will the Santa Monica store close?
The Santa Monica Place store is scheduled to close on August 26, 2024.
What other stores is Nordstrom closing?
In addition to the Santa Monica store, Nordstrom is also closing its location at the Saint Louis Galleria in St. Louis, Missouri, on August 24, 2024.
Is Nordstrom expanding anywhere?
Yes, Nordstrom is expanding in California with a new 24,000-square-foot Nordstrom Rack opening in Encinitas in spring 2026.
What support is Nordstrom providing to affected employees?
Nordstrom plans to assist employees affected by the store closure by helping them transition to other roles within the company.
What was Nordstrom’s recent financial performance?
For fiscal year 2024, Nordstrom reported a 4.7% increase in comparable sales from the previous year.
Key Features of Nordstrom’s Retail Changes
| Feature | Details |
|---|---|
| Santa Monica Closure Date | August 26, 2024 |
| Duration of Santa Monica Store Operation | Nearly 15 years (opened in 2010) |
| Other Closing Location | Saint Louis Galleria, Missouri (August 24, 2024) |
| Expansion Plans | New Nordstrom Rack in Encinitas, spring 2026 |
| Current Locations in California | 26 Nordstrom and 68 Nordstrom Rack stores as of July 29, 2024 |
| Recent Financial Performance | 4.7% increase in comparable sales, fiscal year 2024 |
Deeper Dive: News & Info About This Topic
- USA Today: Nordstrom Locations Closing
- Desert Sun: Nordstrom Closing Santa Monica Locations
- Fox 2 Now: Nordstrom Closes St. Louis Galleria
- Wikipedia: Nordstrom
- Encyclopedia Britannica: Nordstrom
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