Skip to main content

Latest

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
Thomas Bollmann
u.s. business
Shares of Nordstrom, Gap plunge as Wall Street analysts lower their price targets
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/File Photo
international business
Afterpay to let some American users ‘buy now, pay later’ at major U.S. merchants
FILE PHOTO: A logo for the company Afterpay is seen in a store window in Sydney, Australia, July 9, 2020. REUTERS/Stephen Coates/File Photo
style
Style news: Black designers spotlighted at Nordstrom’s Vancouver store
Concept 012_Shop Images_3_Connie Zhou Nordstrom Vancouver
style
This season’s most giftable fragrances
Nathalie Atkinson
style
How do I choose a fragrance to give as a gift?
Tom Ford Bitter peach fragrance
home & design
Make your home festive and fashionable with statement bags and baubles
Saddle bag, available at Dior (dior.com). Ferm Living plant pots, available through cassonhardware.com. Styling by Georgia Groom, prop styling by James Reiger
u.s. business
Nordstrom sales plunge 53% in second quarter
Shoppers walks past a Nordstrom window display at The Grove shopping center Wednesday, May 27, 2020, in Los Angeles. California moved to further relax its coronavirus restrictions and help the battered economy. Retail stores, including those at shopping malls, can open at 50% capacity. (AP Photo/Marcio Jose Sanchez)
international business
Major retailers brace for tumultuous back-to-school season
=A woman shops for back to school supplies at a Walmart store in San Diego, on Aug. 6, 2015.
u.s. business
Nordstrom sales plunge nearly 40% on pandemic-led store closures
Shoppers walks past a Nordstrom window display at The Grove shopping center Wednesday, May 27, 2020, in Los Angeles. California moved to further relax its coronavirus restrictions and help the battered economy. Retail stores, including those at shopping malls, can open at 50% capacity. (AP Photo/Marcio Jose Sanchez)
style
Style news: Online retailer The Lake offers a holistic take on wellness
The Lake, itsthelake.com.
style
Artsy hues and sculptural shapes distinguish a gallery of spring styles
Fashion photography for Globe Style Advisor - April 2020 The ubiquitous balloon sleeve gets a fresh cut on Beaufille’s chartreuse blouse. Beaufille blouse, $440, skirt, $395 through beaufille.com. Shoes, $925 at Chanel (chanel.com). Scarves, $455 to $500 at Hermès (hermes.com).
style
Style news: Swedish watch brand Daniel Wellington opens first Canadian store
DW_Laval_Store_8586.JPG Daniel Wellington
number cruncher
Three S&P 500 stocks with recent strong returns and short interest of at least 15 per cent
For Number Cruncher column in Globe Investor/ROB only.