Nordstrom Looks Northward for Expansion Outside U.S.
Canada is definitely in for American retailers looking to
expand outside U.S. borders. The most recent chain to express an interest in
opening stores in that country is Nordstrom.
Colin Johnson, a spokesperson for
the department store chain, told Dow Jones Newswires, “We already know
we have a lot of Canadian customers.” Canadians
make up the largest percentage of shoppers from foreign countries who shop
at its stores.
Finding the right location to open shop is the biggest stumbling
block so far, said Mr. Johnson. Nordstrom is exploring opportunities for full-size
locations in Canada rather than its Rack format, according to Bloomberg News.
“If we are fortunate enough to find a location and move forward with
a store, we’re really going to be looking to go in strong,” Mr.
Johnson told Bloomberg.
- Nordstrom Looking At Canada For Department Store Expansion – Dow Jones Newswires/The
Wall Street Journal
- Nordstrom Says It May Expand to Canada in First Foreign Foray – Bloomberg
Discussion Questions: Do you think Nordstrom will do well in Canada? What do you see as the challenges and opportunities facing the chain should it expand there?