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The economy is doing great everyone! The media is constantly reminding us of that fact. Everyone knows that businesses closing and lay-offs being announced shows that the job market is strong. Besides, people are still both saving, and spending, all that stimulus money they received two years ago. Maybe consumers just purchased all the product that Nordstrom had to offer and the supply chain is so bogged down they can't restock with sufficient items to remain open.
1 posted on 03/03/2023 10:40:37 AM PST by CFW
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To: CFW

Yep, the economy is great, so great Biden is going to run on it. Layoffs are a sign that the economy is great, just like high inflation and high unemployment and high crime, it’s just great.


2 posted on 03/03/2023 10:43:38 AM PST by 1Old Pro
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To: CFW

well, they still have Eaton’s


3 posted on 03/03/2023 10:50:10 AM PST by mylife (Big Donald J Trump socks psychology on the jaw...)
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To: CFW

Nordstrom is Seattle based. Their head quarters and flag ship store are in the what used to be the center of the Seattle retail and offices.

Note- “used” to be. Foot traffic in the area is 25% of what it was pre-pandemic (per local TV station report). Crime is open on every street corner and shop lifting rampant.

How long will they be able to keep that store open and their HQ there?


4 posted on 03/03/2023 10:51:16 AM PST by llevrok (Pronouns: Me/myself/& I)
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To: CFW

2500 jobs at 13 stores? That’s an average of 192 jobs per store.


5 posted on 03/03/2023 10:52:18 AM PST by dangus
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To: CFW

This is happening in Canada to Castro Trudeau’s voters.


8 posted on 03/03/2023 10:59:13 AM PST by Grampa Dave (The Democrats Have Already Won the 2024 Election, Regardless of Whom, Either Party Runs!!!)
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To: All

“Nordstrom closing its Canadian stores, cutting 2,500 jobs.”

This is about Canadian stores,


9 posted on 03/03/2023 11:00:56 AM PST by Grampa Dave (The Democrats Have Already Won the 2024 Election, Regardless of Whom, Either Party Runs!!!)
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To: CFW

Canada blows up the Nordstrom pipeline again!


10 posted on 03/03/2023 11:03:00 AM PST by kiryandil (China Joe and Paycheck Hunter - the Chink in America's defenses)
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To: CFW

“…no realistic path to profitability for the business in the country”

Now why would that be? They couldn’t see that ten years ago when they entered Canada?


11 posted on 03/03/2023 11:09:36 AM PST by ProtectOurFreedom (There is lots of money and power in Green Communism and we all know where Communism ends.)
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To: CFW

But they got free health care, eh?


15 posted on 03/03/2023 11:19:47 AM PST by jmacusa (Liberals. Too stupid to be idiots. )
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