Nordstrom is leaving Canada, meaning the luxury franchise will close their six retail stores, and seven Nordstrom Racks throughout the country.
“We regularly review every aspect of our business to make sure that we are set up for success,” said Erik Nordstrom, Nordstrom’s CEO.
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“We entered Canada with a plan to build and sustain a long-term business there. Despite our best efforts, we do not see a realistic path to profitability for the Canadian business,” Nordstrom continued.
The chain employed 2,500 people in Canada.
“We took decisive actions to right-size our inventory as we entered the new year, positioning
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