Nordstrom is set to close all 13 of its Canadian stores, the company announced on Thursday, resulting in 2,500 job losses.
The move comes after what chief executive Erik Nordstrom described as challenges to the Seattle-based retailer's longtime plans "to build and sustain a long-term business" in Canada.
The luxury department store chain opened its first Canadian location at Calgary's CF Chinook Centre in September 2014 and has since expanded to Ottawa, Vancouver and Toronto.
The company's discount outlet, Nordstrom Rack, is also affected by the closures.
The announcement also comes after Nordstrom released its fourth quarter results showing net earnings of US$119 million in the period ending Jan. 28, compared to US$200 million during the same period the previous year.
Nordstrom's Canadian website is no longer available for shopping and the company says a liquidation sale is expected to begin later in March.
These are the locations where Nordstrom will close its Canadian stores:
With files from The Canadian Press
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