The store was an original anchor to the mall and opened in 1992. The main reason that the store aside from the remodel that it needed to close was because you had other stores near by which Nordstrom Menlo Park about a half north of this store and much closer to the New York City area including being more accessible from Staten Island. At the time when this store opened it made sense because it was the only Nordstrom near Philadelphia as King of Prussia, Cherry Hill Mall, and Christiana Mall were not opened yet but as the years went on the store definitely lost foot traffic mostly from Nordstrom Menlo Park to the North an Nordstrom Cherry Hill to the south. The other issue was this store was right in the middle of the New York Metropolitan Area and the Philadelphia Metropolitan Area. It s—s but I at least got a final ride on the stores elevator link here: https://www.youtube.com/watch?v=QMpQH_xvmpk&t=55s
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This is the same elevator guy that nobody likes over at the Sears forum. Your post of full of misinformation. Nobody drives from Philly to go shopping in Freehold.
They closed the store due to poor sales which had been declining for about a decade due to the internet. This trend was accelerated by the China virus last year. It is not any more complex than that.
We will reopen even bigger store