The Latest Breaking News from Nordstrom

Downtown San Francisco is in distress. Indicators of urban well-being point in the wrong direction: office occupancy, BART ridership and retail foot traffic are down, as is the city’s population. Every week brings news of another high-profile exit: Recent closures include a Whole Foods flagship and Nordstrom, which announced the…

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The move plays into a narrative that has been a key part of the conservative media talking points.

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Although department store icon Nordstrom has been surprisingly resilient this year, investors should be careful about overplaying the hand for JWN stock.

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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.