To be clear, if you read the article no one from Nordstrom says anything remotely close to that. They're closing the store because it's losing money, and it's

To be clear, if you read the article no one from Nordstrom says anything remotely close to that. They're closing the store because it's losing money, and it's losing money cause there's no foot traffic. The spokesman for Westfield the owner of the mall comes close when describing a "unsafe conditions" in the area. That being said, if you read the transcript of the earnings call from four days ago they're also shuttering stores in Canada. They also do see unusually high levels of 'shrinkage' and theft, but within the levels that had been accounted for in their internal financial models. In the earnings call crime did come up but in the context of the mob smash and grab at the Topanga location in Los Angeles, and to his credit the CEO was more concerned about the safety of staff and shoppers, rather than property loss during this episode of organized looting. So yeah, click-baity article, but Nordstrom never actually said what the article implies.