Nordstrom is about to have a huge liquidation sale across Canada Nordstrom Canada
The company is well known for offering an extensive list of luxury clothing brands, accessories, beauty products, and home essentials, and this might just be the last time shoppers in Canada can access the retailer's high prices at a discounted rate.
Nordstrom Canada's e-commerce platform was scrapped on March 2, and the luxury department chain said it expects to complete its winding down of operations by late June 2023. "We entered Canada in 2014 with a plan to build and sustain a long-term business there. Despite our best efforts, we do not see a realistic path to probability for the Canadian business," CEO Erik Nordstrom said in a release., and Yorkdale Shopping Centre, as well as Nordstrom Rack locations at One Bloor and Vaughan Mills.
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Ontario court grants Nordstrom permission to liquidate closing stores in CanadaNordstrom required court approval because it is winding down its Canadian operations under the Companies’ Creditors Arrangement Act
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Ontario court permits Nordstrom Canada to liquidate closing storesBargain hunters are one step closer to seeing sales at Nordstrom's closing Canadian locations. At a hearing at Osgoode Hall in Toronto on Monday, the Ontario Superior Court of Justice gave the U.S. retailer's Canadian branch permission to start liquidating its merchandise.
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Ontario court permits Nordstrom Canada to liquidate closing storesTORONTO — Bargain hunters are one step closer to seeing sales at Nordstrom’s closing Canadian locations. At a hearing at Osgoode Hall in Toronto on Monday, the Ontario Superior Court of Justice gave the U.S. retailer's Canadian branch permission to start liquidating its merchandise. Nordstrom required court approval because it is winding down its Canadian operations under the Companies’ Creditors Arrangement Act, which helps insolvent businesses restructure or end operations in an orderly fashio
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Nordstrom Canada to begin liquidation Tuesday after receiving court's permission - BNN BloombergThe liquidation sales at Nordstrom stores across Canada will begin Tuesday.
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Nordstrom Canada to begin liquidation Tuesday after receiving court’s permissionBreaking: Nordstrom Canada to begin liquidation Tuesday after receiving court's permission.
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Nordstrom Canada gets OK to liquidate closing storesNordstrom will close its six Canadian department store locations and seven Nordstrom Rack shops
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