Nordstrom will reduce stores and reduce staff in its retail businesses across the U.S. in 2017.
Nordstrom will cut 1,000 stores across the United States, from California to Florida, by 2019.
The stores will be consolidated and the majority of the stores will close within the next five years.
Nordstrom is also eliminating nearly 2,000 jobs at its stores and offices, according to a memo from the company’s executive vice president of retail operations.
The company also plans to trim more than 700 full-time positions in its non-residential retail businesses, which will reduce the company to approximately 7,500 full- and part-time employees by 2019, according the memo.
At the same time, Nordstrom said it will close all of its retail stores in 2018.
That includes the majority in the U;s Midwest, which includes Michigan, Wisconsin and Indiana.
It will also close stores in Michigan, Pennsylvania and New Jersey.
The company said it expects to reduce its retail workforce by about 50 percent by 2019 compared to last year.
The company also expects to eliminate about 1,200 full-timers in 2018 compared to 2015.
Nordost has been dealing with a slowdown in the retail industry in recent years, as it has tried to diversify its business.
The U.K.-based retailer has been selling its shoes, apparel and other merchandise to more than 1,400 stores.
The closures of these stores have affected the business as a whole, Nordost said.
The company has also been focusing on other aspects of its business, including its retail and online retail businesses.
It has recently started to invest in its home retail and is also looking to expand its business in emerging markets.
The retailer has also launched its new business unit, which is expected to launch by the end of the year.