The estimated Canadian workforce losing their jobs is 2,500 across six Nordstrom stores and seven Nordstrom Racks.
Seattle-based department store Nordstrom announced Thursday that it had made the decision to "discontinue support for Nordstrom Canada's business operations." Consequently, all of the stores in Canada, including the one at the corner of Granville and Georgia in Downtown Vancouver, will be closing.
Nordstrom is wasting no time terminating its Canadian business and in a recent press release suggests that all stores will be closed by late June 2023. 'Despite our best efforts, we do not see a realistic path to profitability for the Canadian business': Nordstrom CEO "We entered Canada in 2014 with a plan to build and sustain a long-term business there," says CEO Erik Nordstrom. "Despite our best efforts, we do not see a realistic path to profitability for the Canadian business. We want to thank our team for their performance and dedication in serving customers in Canada.
What to expect at Nordstrom's Vancouver store as of now Anyone who has returns or exchanges to make can do so in-store until March 17. Afterwards, all sales are final and returns and exchanges will no longer be permitted. In addition, all Nordy Club points that haven't been converted to Nordy Notes will expire as of today.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Vancouver Island's newest hotel set to open soon in downtown NanaimoThe Courtyard by Marriott hotel in Nanaimo, which is opening soon, is expected to help the Vancouver Island Conference Centre succeed.
Read more »
New dance studio celebrates with inclusive classes and community engagementEstablished Vancouver Island dance studio opens Vancouver space in Mount Pleasant.
Read more »
Nordstrom closing stores in Ottawa as it winds down Canadian operationsThe Nordstrom store in the Rideau Centre and the Nordstrom Rack at Ottawa Train Yards will close by the end of June, as the retail store shuts down operations in Canada.
Read more »
Thieves rob a downtown Toronto pot store for its artA weed dispensary in Toronto\u0027s Liberty Village neighbourhood was recently the target of an unusual robbery
Read more »
Evening Update: CSIS head suggests whistle-blowers are unhappy with PM’s handling of Chinese interferenceAlso: A supposed cross-border raid into Russia by Ukraine group; Nordstrom to exit Canada
Read more »
Nordstrom closing all Canadian stores, 2,500 jobs cutUpdated: The Vancouver Nordstrom department store and Langley Nordstrom Rack are included in the 13 closures. All of the company's 2,500 staff in Canada will lose their jobs.
Read more »