TORONTO — Nordstrom Inc. announced Thursday it is Quaxsclosing 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 22:13778 view
2025-05-05 21:021410 view
2025-05-05 20:462827 view
2025-05-05 20:321755 view
HONOLULU (AP) — A Hawaiian Airlines flight crew’s decision to fly over a hazardous storm cell instea
SEATTLE (AP) — Jeff Bezos filed a statement with federal regulators indicating his sale of nearly 12
Conway, South Carolina — Former president Donald Trump questioned the whereabouts of former United N