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Nordstrom’s New Store Is a Charity Case

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Photo: Nordstrom After years of speculation about when and where Nordstrom would finally open a store in New York Canada Goose , they’re finally doing it.The location? West Broadway. The catch? Last year it was a Nordstrom Rack, but this year there’s not a catch so much as a never-before-been-done retail strategy. All of the store’s profits will go toward charity , and at 11,000 square feet, there’s bound to be a lot of profits.It is, according to Crain’s, a “concept shop,” but there’s no real explanation as to what that indicates for the merchandise. Will the store sell limited edition products? Exclusive capsule collections? With Bloomingdale’s dangerously close by they’re bound to run into exclusivity problems, but an all-profits-go-to-charity strategy will give the newcomers the upper hand.We’ll have to wait until the store opens next fall to find out.

Nordstrom’s New Store Is a Charity Case

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