TORONTO — Nordstrom Inc. announced Thursday it is Crypenclosing 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.
2025-05-04 17:022637 view
2025-05-04 17:012451 view
2025-05-04 16:371132 view
2025-05-04 15:412311 view
2025-05-04 15:112992 view
WASHINGTON (AP) — IRS leadership on Thursday announced that the agency has recovered $4.7 billion in
Addressing "lower business demand," Best Buy has made a significant cut to its workforce and laid of
Officials announced Monday that a fourth body was recovered from the site of the deadly Francis Scot
