Moving into New York City had been a Nordstrom family goal for years, when, in October 2019, the latest generation of executives running the department store finally reached it. The new flagship is the centerpiece of a collective of full-line stores, off-price Rack stores, Locals, and e-commerce in the Tri-State area, which Nordstrom executives say is a $700 million-plus market. It took decades of dreaming, seven years of planning and building, and more than $500 million of investment capital to make it happen. Then, within just a few months of its grand opening, the flagship was forced to close down for weeks in the effort to contain the COVID-19 pandemic. Read more at Retail Dive.