Following months of speculation, Nordstrom spokesman Colin Johnson recently told Bloomberg and The Wall Street Journal that the company is scouting a number of sites north of the border for its full-size stores (not its discount arm Nordstrom Rack) in its first foray outside the U.S.
Seattle-based Nordstrom already has a dedicated base of Canadian customers living near border crossings.
Canadians also make up the biggest share of Nordstrom's international online shoppers.
Johnson has not yet returned calls seeking additional information.
Nordstrom joins Target, Victoria's Secret, Kohls and Marshalls in the so-called American retail invasion.
A recent report by Colliers International found the Canadian market is lucrative and relatively underserved compared with the U.S.
It found Canadian sales average $580 per sq. foot compared to $309 per sq. foot in the U.S. and Americans have access to 2.1 sq. metres of shopping space per capita, compared with 1.3 sq. metres available to Canadians.
Booming cities such as Surrey, B.C., Brampton, Ont., and Calgary are seen as particularly attractive to retailers, Colliers said.
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