Seattle-based retailer Nordstrom announced on Thursday it is pulling out of Canada, closing all of its stores by the summer.
Nordstrom broke the news after reporting its fourth-quarter 2022 earnings, adding that the closures will include Nordstrom Rack stores.
“We regularly review every aspect of our business to make sure that we are set up for success,” said Erik Nordstrom in the news release. “We 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.”
The e-commerce platform will cease operations on March 2, 2023. The in-store wind-down is anticipated to be completed by late June 2023.
Nordstrom Canada operates six Nordstrom stores and seven Nordstrom Rack stores, as well as the Nordstrom.ca website, and employs approximately 2,500 people.
The Nordstrom and Nordstrom Rack stores in Canada are:
Nordstrom Chinook Centre
Nordstrom Rack Deerfoot Meadows
Nordstrom Rack South Edmonton Common
Nordstrom Rack Willowbrook Shopping Centre
Nordstrom Pacific Centre
Nordstrom Rack Heartland Town Centre
Nordstrom Rideau Centre
Nordstrom Rack Ottawa Train Yards
Nordstrom Sherway Gardens
Nordstrom Toronto Eaton Centre
Nordstrom Yorkdale Shopping Centre
Nordstrom Rack One Bloor
Nordstrom Rack Vaughan Mills
Information regarding Nordstrom gift cards, returns and the Nordy Club Canada Program can be found here.
Nordstrom is just the latest big retailer to call it quits in Canada, with Bed Bath & Beyond announcing last month it was going out of business and closing all 54 stores across the country.
Hudson’s Bay also announced earlier this year it was shutting down a massive store in Edmonton and a spot in Banff.