Nordstrom family members and Mexican retailer El Puerto de Liverpool will acquire the Seattle-based company as part of a ...

The move marks a pivotal moment for the century-old department store chain as it grapples with fierce competition ... retailer with 381 Nordstrom and Nordstrom Rack locations across the U.S ...

Shoppers flocked to competitors such as TJ ... executives have focused on opening more Rack stores in recent quarters, boosting revenue. In November, Nordstrom raised the lower end of its annual ...

The traditional department stores have suffered in the face of withering competition from giants ... now operates a combined 381 Nordstrom and Nordstrom Rack stores in the U.S. Nordstrom shares ...

During the past couple of years, investors had hoped that Nordstrom Rack, its off-price chain ... Shoppers flocked to competitors such as TJ Maxx, seeking deals as inflation soared post-pandemic.