Craig and Lee chat about Nordstrom Rack as it exits its Canadian operations. Some stores were doing better than others -- and the retailer's strategy to carry fewer high-end and exciting brands is partly to blame for Canadian apathy.
Craig and Lee talk about the closure announcement of Nordstrom shutting its Canadian stores. Included in the discussion is how we found out, what might be done with Nordstrom's stores in Canada, and why the retailer made the shocking move.
Nordstrom has delayed opening Nordstrom Rack stores in Canada until 2017. Target's struggles in Canada are partly to blame. Sources relayed this information to us in early March, and it's now confirmed by the Globe & Mail via an interview with a Nordstrom spokesperson.
Nordstrom Rack has secured its first Canadian location in suburban Ottawa. It will be located in a suburban 'big box' retail centre, as opposed to an outlet mall as might be expected. We've been asked not to reveal the location...