After entering the Canadian market in 2014, American luxury retailer Nordstrom announced on March 2nd, 2023 that it would be closing its stores and winding down its operations in the country by June. A liquidation sale at six stores in the Toronto region began March 21st. So why did Nordstrom leave Canada? Were it the challenges of the local Canadian market, global economic headwinds, or both? And what can managers everywhere learn from Nordstrom's decision? Please join host Christian Clement-Schlimm and me as we ponder these questions on the Jenoir Leadership podcast and discuss practical learnings for managers in any industry.

https://www.nordstrom.ca/main.html  ...