Current：Home > MarketsNordstrom says it will close its Canadian stores and cut 2,500 jobs -VisionFunds
Nordstrom says it will close its Canadian stores and cut 2,500 jobs
View
Date：2025-04-17 20:05:48
TORONTO — Nordstrom Inc. announced Thursday it is closing 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.
veryGood！ (9)
Related
- Meta donates $1 million to Trump’s inauguration fund
- What was the world like when the Detroit Lions last made the NFC championship game?
- Annual count of homeless residents begins in Los Angeles, where tens of thousands live on streets
- Federal officials consider adding 10 more species, including a big bumble bee, to endangered list
- FACT FOCUS: Inspector general’s Jan. 6 report misrepresented as proof of FBI setup
- Proud Boys member sentenced to 6 years in prison for Capitol riot role after berating judge
- From 'Barbie' to 'The Holdovers,' here's how to stream Oscar-nominated movies right now
- Thousands of people are forced out of their homes after 7.1 quake in western China
- Current, future North Carolina governor’s challenge of power
- Georgia Senate passes new Cobb school board districts, but Democrats say they don’t end racial bias
Ranking
- Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
- A key senator accuses Boeing leaders of putting profits over safety. Her committee plans hearings
- Hungary is the last holdout for Sweden’s NATO membership. So when will Orbán follow Turkey’s lead?
- Heavy snow strands scores of vehicles on a main expressway in central Japan
- McConnell absent from Senate on Thursday as he recovers from fall in Capitol
- Israel says 24 soldiers killed in Gaza in deadliest day in war with Hamas since ground operations launched
- Mother of disabled girl who was allegedly raped in Starbucks bathroom sues company, school district
- Dex Carvey's cause of death revealed 2 months after the comedian died at age 32
Recommendation
What were Tom Selleck's juicy final 'Blue Bloods' words in Reagan family
Mississippi governor pushes state incentives to finalize deal for 2 data processing centers
Tropical low off northeast Australia reaches cyclone strength
A Texas school’s punishment of a Black student who wears dreadlocks is going to trial
Biden administration makes final diplomatic push for stability across a turbulent Mideast
Charles Fried, former US solicitor general and Harvard law professor, has died
A Historic and Devastating Drought in the Amazon Was Caused by Climate Change, Researchers Say
Bachelor Nation's Susie Evans and Justin Glaze Reveal They're Dating: Here's How Their Journey Began