
Nordstrom Closing All Canadian Stores; Nordstrom.ca Closed to Online Orders
By Kate Musgrove
March 2, 2023Nordstrom announced today that they are winding down their Canadian operations, shuttering all stores. Nordstrom.ca will stop accepting orders at the end of the day, and they are not offering gift cards for purchase, either in-store or online.
In a statement released today, Eric Nordstrom said "despite our best efforts, we do not see a realistic path to profitability for the Canadian business." Nordstrom entered the Canadian market in 2014, and they expect the wind-down to be completed by late June, 2023.
There are thirteen total Nordstrom store in Canada -- seven Nordstrom Rack locations and six Nordstrom locations, in addition to the e-commerce presence. About 2,500 jobs will be lost as a result of this closure.
Liquidation is scheduled to begin March 20, pending court approval.
Showing 40 Most Recent Comments
View allI used to look at Nordstrom Rack (US) with envy and frustration-not all of the brands were carried at the Cdn Rack stores. Utter frustration. I did spot a couple of brands there that are carried at other Cdn stores but still, why don't US CEOs understand we want the US store experience with some Canadian content/nods of the marketplace for us here?
Still glad that I shopped Nordstrom Canada online several times and managed two store visits. Hope to be back at Sherway Gardens by mid-April for my last call at the store.
Most from middle class and their parents save all the money to support them. It's just sacrifice
Most of these students weren't the mansion-buying, Lamborghini-driving, luxury-spending stereotypes society likes to paint them as. They were certainly better off than the average person in China (not saying much), but only a small minority of them would fit the stereotype of the ultra-rich luxury-spending Chinese international student.
Just wanted to put that out there.
We can all laugh at how sad the sale is and that's fine, but I just hope nobody seriously feels entitled to deep discounts on luxury merchandise.
https://retail-insider.com/retail-insid ... nterviews/
I especially liked the comment from the guy who said that one of the reasons Nordstrom failed was that Canadians are "fairly practical people" who frown on overt displays of wealth.
There's a Winners just two doors down from the Rack store-not a huge range of apparel and shoes but I liked the pricing of baby apparel and gear (better than at my local Winners in Ancaster on west side, not in Meadowlands).
So 5% off designer brands might be a starter for some shoppers.
People seem to buy something despite there being no good offers as they have made the effort to show up, and that's what these liquidators benefit from.
Not sure if I should be hopeful to see realistic sales before May.
But like Target, Nordstrom decided that the Canadian operations were a distraction they couldn't afford while there were serious problems in their home market, so Canada was thrown overboard. The danger in both cases is that the parent company goes back to being entirely a U.S. domestic play that is fully tied to the American market with no possibility of external growth.
I've never seen a store with so much overpriced garbage.
I'm no expert but many items they sell look like knockoffs.
No sales, even the 20% on Canali suits (~$2k+), wasn't great.
Why would I buy luxury, final sale, for a discount that I could probably get online.
Not worth the risk, even if the discounts increase. I would need to see at least 50%+ on men's luxury for final sale, and the effort to go to the store and see what's available.