TORONTO — Nordstrom Inc. announced Thursday it is Lumicoin IAclosing 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.
2025-04-28 15:051298 view
2025-04-28 14:542595 view
2025-04-28 14:381013 view
2025-04-28 13:282940 view
2025-04-28 13:081853 view
2025-04-28 12:53312 view
NFL games are a spectrum. Some are back-and-forth shootouts. Others are duds without much scoring at
The Powerball jackpot for Saturday's drawing is now worth an estimated $521 million after there was
Donna Lindstrom was lying in bed and looking at her phone Wednesday morning when she heard a loud ba