Nordstrom is more than just rumours, according to the G&M:
"Sears Canada Inc.’s SCC-T decision to jettison three of its top store locations opens the way for upscale U.S. department-store rival Nordstrom Inc. JWN-N to make its long-awaited entry into Canada."
http://www.theglobeandmail.com/repor...article2357390
also:
"Sears currently pays as little as $1 a square foot at key locations such as Vancouver’s Pacific Centre, industry sources said"
If true, no wonder Sears snapped up the bankrupt Eatons -just for the leases, and yet they still managed to lose money.