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The Seattle-based luxury department store chain announced its withdrawal from Canada, citing financial losses. The Vancouver store, located at CF Pacific Centre, was one of the best performers in the chain but will shut down by the end of June 2023.
- Kenneth Chan
Mar 3, 2023 · U.S.-based Nordstrom Inc. is closing its Vancouver store and all other Canadian locations by June 2023. The move raises concerns about the impact on the city's retail core and the future of the Pacific Centre mall.
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- Simon Little,Kristen Robinson
- Downtown Store Opened in High-Profile Spot in 2015
- Industry Watcher Expected Company to 'Steer The Course'
- Canadian Stores Expected to Close by End of June
The downtown Vancouver store takes up 230,000 square feet and three floors in Pacific Centre, making it one of the city's more high-profile retail outlets. Opened to much fanfare in September 2015, it was the company's third Canadian location, after Calgary and Ottawa. Retail giants Eatons and Sears previously occupied the corner lot. Jobs original...
Speaking on CBC's BC Todayon Friday, retail advisor David Ian Gray said he started hearing rumours of a Nordstrom closure in Canada in mid-February, but that he was "as shocked as anybody else" by Thursday's announcement. "The Nordstrom family, they're not reactive decision makers," said Gray, founder of DIG360 Consulting in Vancouver. "They're ver...
Erik Nordstrom, CEO of the company that bears his name, reportedly told a conference call that Canadian employees would be treated with fairness and respect, and that a trust would be set up to help them as stores close. Operations are expected to wrap up by the end of June. For its Canadian stores, Nordstrom says it will "commence a liquidation sa...
The Nordstrom flagship store at CF Pacific Centre mall in downtown Vancouver was the chain's best-performing location in Canada and the USA.
It has been six months since Nordstrom in downtown Vancouver closed, so what’s next for this potential goldmine of a retail location, and does the past provide any hints?
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Mar 21, 2023 · Nordstrom in Vancouver began liquidating its stock Tuesday, joining other stores across the country. Furniture, fixtures and equipment are up for sale, alongside most of Nordstrom’s merchandise.
