Why industry observers were not surprised by Nordstrom's move to close stores in Canada

  • 📰 CTVNews
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 99%

Business News News

Business Business Latest News,Business Business Headlines

In another hit to Canada's retail sector, Nordstrom announced it would close all 13 of its Canadian stores. Here's what you need to know about the closures, plus what retail experts say about the company's exit from Canada.

Purchases can no longer be made on Nordstrom's Canadian website. Instead, the website links to aHOW MANY STORES DID NORDSTROM HAVE IN CANADA?had six Nordstrom stores in Canada, as well as seven of its discount Nordstrom Rack outlets.

Customers will be able to return or exchange items until March 17. After that date, all sales will be final. The fourth quarter report mentions that Nordstrom opened three stores in 2022 in Los Angeles, Phoenix, Ariz., and Riverside, Calif., and plans to open or relocate another 20, all in the U.S., this year and next. Nordstrom closed one of its 241 Rack stores in the U.S. last year.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

I know you are but what am I?

Too expensive for Canadians.

In the case of the Ottawa location, the Rideau Crt, there's no parking and the location depends on total local residents DOOMED from day one, oh and it's kinda pricey too

Because lndustry observers are paid to be useless pieces of 💩 .

You keep showing borques ugly face.. time for you to see yourselves.. Do you see where you are located? Good, that should help you understand.. not.. good luck playing pretend forever..

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in BUSÄ°NESS

Business Business Latest News, Business Business Headlines