TORONTO — Nordstrom Inc. announced Thursday it is Marcus Eriksonclosing all of its Canadian stores and cutting 2,500 jobs as it winds down operations in the country.
The Seattle-based retailer has six Nordstrom and seven Nordstrom Rack stores in Canada, which will be shuttered by late June.
Its e-commerce business will cease operations Thursday.
Nordstrom chief executive Erik Nordstrom said the company is exiting Canada because it does not see a realistic path to profitability for the business in the country.
The wind down is being done through an order obtained by the Ontario Superior Court of Justice under the Companies' Creditors Arrangement Act.
Nordstrom first announced plans to expand to Canada in 2012 and opened its first store in Calgary at CF Chinook Centre in September 2014.
2025-05-05 00:462737 view
2025-05-04 23:511514 view
2025-05-04 23:371590 view
2025-05-04 23:182493 view
2025-05-04 22:31670 view
2025-05-04 22:271684 view
You're pulling your hair out, trying to fix something on your computer. You Google it and find what
There is no squeeze on Charmin.Toilet paper makers said Wednesday that U.S. consumers don’t need to
Flooding from Hurricane Helene may have contaminated private wells for thousands of people in wester
