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Description: Nordstrom Inc. is closing all of its Canadian stores and cutting 2,500 jobs as it winds down operations in the country.

Source: BNNBloomberg.ca – video report

Date: Mar 02, 2023

Link: https://www.bnnbloomberg.ca/nordstrom-closing-all-of-its-canadian-stores-cutting-2-500-jobs-1.1890535

Questions for discussion:

  • What does the report say about the financial reasons behind the decision?
  • Do you believe the decision is correct, given the current revenues and projections?

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