Nordstrom closing its Canadian stores, cutting 2,500 jobs

TORONTO (AP) — Nordstrom Inc. is closing all of its Canadian stores and cutting 2,500 jobs as it winds down operations in the country. The Seattle-based retailer has six Nordstrom and seven Nordstrom Rack stores in Canada, which will be shuttered by late June. Its e-commerce business will cease operations Thursday. Nordstrom chief executive Erik Nordstrom says the company is exiting Canada because it does not see a realistic path to profitability for the business in the country.