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report on business
Nordstrom forms panel to evaluate founder family’s interest in take-private deal
FILE PHOTO: The Nordstrom store is pictured in Broomfield, Colorado, February 23, 2017.REUTERS/Rick Wilking/File Photo
investment ideas
Investors lower outlook for U.S. consumers as student loans, credit card debts pile up
A general view of inside the store before the grand opening of Nordstrom Rack at Best of the West shopping center on May 18 in Las Vegas.
property report
Increase in recreation businesses at malls points to fast-evolving trend
Bramalea City Centre in Brampton, Ont., is a former retail big box was leased to recreation business Activate. The mall’s owner Morguard Investments Limited wants to see more recreation centres in its 17 Canadian malls. Photo courtesy of Morguard Morguard Investments Limited
report on business
Real estate experts propose mixed-use solutions for high-end retail spaces vacated by Nordstrom
A shoppers browses through Nordstrom Rack in Toronto, Ont., on Friday, March 3, 2023, following the news the department store will be closing all Canadian Nordstrom and Nordstrom Rack locations. Tijana Martin/ The Globe and Mail
property report
BMO Place transforms iconic retail space at Toronto Eaton Centre into offices
As Nordstrom is closing its store at Yonge and Dundas the floors above have become BMO Place--Photo by Wallace Immen copy
report on business
Nordstrom expected to begin liquidation sales in Canada today as store prepares for exit
A Nordstrom department store is shown at Sherway Gardens in Toronto on Thursday, March 9, 2023.Nordstrom is expected to begin liquidating its stores across Canada today. THE CANADIAN PRESS/Nathan Denette
report on business
Nordstrom Canada to begin liquidation Tuesday after receiving Ontario court’s permission
A Nordstrom department store is shown at Sherway Gardens in Toronto on Thursday, March 9, 2023. Nordstrom Inc. is closing all of its Canadian stores and cutting 2,500 jobs as it winds down operations in the country. THE CANADIAN PRESS/Nathan Denette
top links
An equity analyst’s top picks in mall REITs as Nordstrom’s departure shakes sentiment
Shoppers and pedestrians are photographed outside Nordstrom Rack in Toronto, Ont., on Friday, March 3,
report on business
Nordstrom leaves Canada, why flights cost more for Canadians and rental evictions soar: Must-read business and investing stories
(FILES) In this file photo taken on November 23, 2020 a man stands in front of the Nordstrom store, closed for in-store shopping in downtown Toronto, Ontario. - US luxury department store chain Nordstrom announced March 2, 2023 it is pulling out of Canada, closing 13 stores and putting 2,500 staff out of work. (Photo by Geoff Robins / AFP) (Photo by GEOFF ROBINS/AFP via Getty Images)
report on business
Canada’s biggest shopping malls scramble for anchor tenants in wake of Nordstrom’s departure
A shoppers exists Nordstrom Rack in Toronto, Ont., on Friday, March 3, 2023, following the news the department store will be closing all Canadian Nordstrom and Nordstrom Rack locations. Tijana Martin/ The Globe and Mail
opinion
Nordstrom’s sorry exit from Canada raises the question: What was it all for?
Jessica Johnson
report on business
Nordstrom to exit Canada, lay off 2,500 employees
(FILES) In this file photo a man stands in front of the Nordstrom store, closed for in-store shopping in downtown Toronto, Ontario on November 23, 2020 - Canadian inflation rose 1.1 percent in February from a year earlier as gasoline prices increased for a third straight month, the government said March 17, 2021. The hike in gasoline prices came amid a gradual recovery in global demand, as well as crude oil supply cuts in major oil-producing countries and shutdowns in the southern United States due to bad weather.The costs of food, passenger vehicles and household appliances such as stoves and refrigerators were also up. (Photo by Geoff Robins / AFP) (Photo by GEOFF ROBINS/AFP via Getty Images)
canada
Evening Update: CSIS head suggests whistle-blowers are unhappy with PM’s handling of Chinese interference
Canadian Security Intelligence Service Director David Vigneault makes his way to the Procedure and House Affairs committee on Parliament hill, in Ottawa, Thursday, March 2, 2023. THE CANADIAN PRESS/Adrian Wyld
international business
Billionaire investor Ryan Cohen builds stake in Nordstrom, urges board shakeup
FILE PHOTO: The outside of the Nordstrom flagship store is seen during a media preview in New York, U.S., October 21, 2019. REUTERS/Shannon Stapleton
international business
Billionaire Cohen builds stake in Nordstrom, urges board shakeup
Entrepreneur Ryan Cohen sits in his living room, designed by his sister Stacey Cohen, Tuesday, April 14, 2015. (Galit Rodan for the Globe and Mail)
life
Behind the veil of Canada’s private shopping scene
u.s. business
Shares of Nordstrom, Gap plunge as Wall Street analysts lower their price targets
international business
Afterpay to let some American users ‘buy now, pay later’ at major U.S. merchants
style
Style news: Black designers spotlighted at Nordstrom’s Vancouver store
style
This season’s most giftable fragrances
Nathalie Atkinson
Nathalie Atkinson