The family behind Nordstrom Inc. is joining forces with a Mexican retailer to take Nordstrom’s private a $6.25 billion deal.
Nordstrom has been family-owned since being founded in Seattle in 1901 by John W. Nordstrom, a Swedish immigrant.
Nordstrom is returning to its private roots after years of falling sales and earnings. The deal is valued at $6.25 billion.
The analyst goes on to say that as Nordstrom opens up more Nordstrom Rack locations, "that's really probably the future of the company. Even though Rack is smaller than the main Nordstrom stores ...
Fashion retailer Nordstrom Inc. has announced plans to open a new, 30,000-square-foot Nordstrom Rack store in Nashua, New Hampshire. - Leasing, New Hampshire, News ...
Nordstrom will become a private company after it agreed to a buyout deal valued at $6.25 billion from Nordstrom’s founding ...
SEATTLE -- Century-old department store Nordstrom has agreed to ... the company now operates a combined 381 Nordstrom and Nordstrom Rack stores in the U.S. Nordstrom shares fell about 1.5% Monday ...
Following the close of the transaction, the Nordstrom Family will have a majority ownership stake in the company.
(Bloomberg) — The Nordstrom family is joining forces with a Mexican retailer to take its namesake department store private in ... had hoped that Nordstrom Rack, its off-price chain, could ...
Century-old department store Nordstrom has agreed to be ... the company now operates a combined 381 Nordstrom and Nordstrom Rack stores in the U.S. Nordstrom shares fell about 1.5% Monday, but ...