Nordstrom May Expand to Canada in First Foreign Foray
(Corrects wording to “on our game” in third paragraph in May 24 story.)
The Seattle-based retailer is studying opening its full- sized stores in Canada first, rather than its outlets, said Colin Johnson, a spokesman.
“There is a lot of strong retail presence in Canada, and if we are fortunate enough to find a location and move forward with a store, we’re really going to have to be on our game,” Johnson said in an interview today.
Nordstrom has said it sees opening a maximum additional 14 department stores in the U.S. It also has been seeking to generate growth through its Rack outlet chain and e-commerce.
Nordstrom fell 12 cents to $45.50 in New York Stock Exchange composite trading today. The shares have risen 7.4 percent this year.
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