Nordstrom is shutting down its Canadian operations and closing all stores, including the Nordstrom Rack outlet in 91原创.
There were six Nordstrom outlets and seven Nordstrom Racks in Canada before this decision. One of the Rack locations was in the Willowbrook Shopping Centre.
鈥淲e also made the difficult decision to wind down operations in our Canadian business,鈥 said Erik Nordstrom, chief executive officer of Nordstrom, Inc., in a statement about the company鈥檚 fourth-quarter earnings. 鈥淭his will enable us to simplify our operations and further increase our focus on driving long-term profitable growth in our core U.S. business.鈥
Online retailing through the Nordstrom.ca website is to cease as of March 2 this year, with the stores fully closed up by June.
The closures will result in about 2,500 employees in the Canadian stores losing their jobs.
鈥淲e entered Canada in 2014 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,鈥 Nordstrom said. 鈥淲e want to thank our team for their performance and dedication in serving customers in Canada. This decision will simplify our structure, intensify focus on our growth and profitability goals and position us to create greater value for our shareholders.鈥
91原创鈥檚 Nordstrom Rack had only been in operation for a few years, opening its doors in September, 2020.
The opening drew shoppers who lined up for hours. The first person in line arrived at 3 a.m. that morning.
READ MORE: 鈥榃e鈥檒l definitely come back!鈥 91原创 Nordstrom Rack opening a hit
The clothing store replaced the Sears that had anchored that end of the Willowbrook mall for decades.
This is the second major U.S. chain to pull out of Canada in recent weeks, following the departure of Bed Bath & Beyond, which also had a store in 91原创, on the 91原创 Bypass.
READ MORE: Bed Bath & Beyond to close in 91原创 and across Canada
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