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Old Posted Mar 3, 2023, 4:43 AM
Loco101's Avatar
Loco101 Loco101 is offline
 
Join Date: May 2013
Posts: 9,043
Quote:
Originally Posted by SpongeG View Post
Nordstrom in the States is apparently having a tough time and one of the obvious things to do to help the company was to shut down its Canadian operations. The e-commerce site will shut down today.

How well-known was Nordstrom in the rest of Canada? Vancouverites and people from BC, at least the ones I know have always shopped there or been there since being a kid in the 80s so it's a well-known name and brand with a bit of a connection for many out here.
Nordstrom hasn't been doing well for the last number of years like many similar retailers due to fewer people interested in that type of store and especially because of online retailers. I was quite surprised that they even opened up stores in Canada not all that long ago.

I got some laughs reading the comments section of the Toronto Sun article about the closures and what was being blamed for Nordstrom leaving Canada which included:

-the Liberal economic plan

-Justinflation

-the Bank of Canada raising interest rates

-Canada is a very hard country to make a profit in unless you are member of the cartels , banking , cell phone , grocery , government.

-payrolls taxes but especially paying more into EI and CPP

-having to pay workers more money for retail

-Trudeau himself wanted it to happen
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