Nordstrom is closing its business in Canada.
The company's Canadian operations have failed to reach profitability since they were launched in 2014.
Nordstrom announced during its Q4 earnings call that it would shutter its Canadian business.
- The department store company's Canadian operations provided less than 3% of its sales.
- Nordstrom's Q4 net sales fell to $4.2B, 4.1% down YoY.
- Sales at Rack, the company's off-price department store chain, were down 8.1%.
- Nordstrom said its digital sales were down 13.1% YoY.
