Since Nordstrom announced it was pulling out of Canada, there has been a maelstrom of articles about the pervasive failure and exodus of U.S. retailers from Canada. Aside from Nordstrom, American retailers that have failed in Canada include Bed Bath and Beyond and Target.
But the list of Canadian retail failures is almost as long as the U.S. list, and includes well-known names such as Zellers, Eaton’s and all of the Dylex brands. Meanwhile, some of the most successful retailers in Canada — including Home Depot, Walmart and Costco — are also American.
