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The Nordstrom department store chain is set to go private after the Nordstrom family announced on Monday that it had made a $6.25 billion deal to buy all remaining shares in the company alongside ...

Century-old department store Nordstrom has agreed to be acquired and taken private by Nordstrom family members and a Mexican retail group in a $6.25 billion deal with the industry being squeezed ...

Like other department stores, Nordstrom has suffered from consumers cutting back on discretionary spending and shifting their habits to online rivals, like Amazon or rental startups such as Nuuly.

The family behind the Nordstrom retail chain, which has two department stores and four off-price locations in the Twin Cities ...

The acquiring group will also pick up more than $2 billion in Nordstrom debt. The traditional department stores have suffered in the face of withering competition from giants like Walmart and Target, ...