top shadow

To receive more info from Nordstrom about a particular product, Click on the photo (photo will enlarge).

La Blanca Swimwear, available at Nordstrom.
La Blanca Swimwear, available at Nordstrom.

Added: Mar 2011

current news

Nordstrom To Close Indianapolis Store

(Filed Under Financial and General Interest News). Nordstrom, Inc. announced plans to close a downtown Indianapolis store due to weak sales caused by a second Nordstrom location that opened in 2008.

The 216,000-square foot store, located at the Circle Centre Mall, opened September 8, 1995 and will close to the public on July 31, 2011. The company will continue to operate the second Nordstrom location at The Fashion Mall at Keystone Crossing and will open a new Nordstrom Rack store at The Shops at Rivers Edge in September 2011.

Nordstrom, Inc. President Erik Nordstrom arrived from the company’s Seattle headquarters to notify the store’s 176 employees of the closing. "This has been an extremely difficult decision that we’ve wrestled with for some time because we care a lot about our employees, our customers and this community," Nordstrom said. "We’ve enjoyed serving our customers in downtown Indianapolis, but unfortunately our business has declined over the long term for some time, and despite our efforts to turn things around, we don’t see the outlook significantly changing."

Ninety-seven of the store’s 176 employees will be offered positions at the nearby Nordstrom locations. "We have a fantastic team at Circle Centre and we are fortunate that we’ll be able to offer many of them jobs at our Keystone store and our new Shops at Rivers Edge Rack," Nordstrom said. Employees who stay with the company until it closes but aren’t offered positions at the other locations will be given a severance package.

Sales at the Circle Centre store had fallen by almost half since the Keystone store opened, a dramatic decline that Nordstrom said company officials didn’t anticipate.

"We have multiple stores in many markets," Nordstrom stated. "It’s very rare for us to close a store."

Nordstrom, Inc., was founded in 1901 and has 214 stores in 29 states.

more Financial and General Interest News >>

Published 06-01-2011 by Katherine Rautenberg

Related Articles

Nordstrom Retail Profile
Nordstrom 3q Earnings Up 7.2%
Nordstrom Rack to Open in San Diego
Nordstrom to Host Bra Fitting Events
Nordstrom Expands in St. Louis Market
Nordstrom Opens New Nashville Location
Nordstrom Reports 20% Rise in 2q Profits
Nordstrom To Close Indianapolis Store
Nordstrom Completes Acquisition
Nordstrom to Relocate Glendale Store

Comment on this article, brand or product

Disclaimer: The views expressed in comments published on are those of the comment writers alone. They do not represent the views or opinions of Bodymagazine or its staff.

NOTE: Your Email will not be displayed.

Related pictures

Follow BODY on:
twitter FaceBook RSS
Share this article on:
Digg Reddit Stumble

Contact Information: (718)676-4444
Copyright © 2022 Fashion Market Magazine Group, Inc. All rights reserved.
All photos Copyright © 2000-2022 Nick Monjo & Fashion Market Magazine Group. All rights reserved.
Please email any website related issues to
bottom shadow