Shares of Nordstrom Inc. rallied on Tuesday following a report that the department-store chain could be looking to go private, the latest effort by a major retailer to shake up business after two ...
In connection with the potential move to go private announced Thursday, Nordstrom said the committee had retained investment banks Morgan Stanley and Centerview Partners as financial advisers ...
The tariff actions, which could upend nearly $2.2 trillion in two-way annual U.S. trade, went live hours after Trump declared that all three countries had failed to do enough to stem the flow of ...
In April of last year, Pete and Erik revealed that the company was exploring options to go private. Nordstrom died on May 18, 2024. "Our dad leaves a powerful legacy as a legendary business leader ...
Last December, Nordstrom revealed plans to go private through an agreement whereby the Nordstrom family and Mexican retailer El Puerto de Liverpool would acquire all of the outstanding common ...
For more, see: Nordstrom to go private after doing the math on its chances versus bigger rivals Nordstrom said in December, when it announced the deal, that it weighed the merger proposal "against ...
Among the merchandising changes, Nordstrom intends to increase its private-label sales (to 20% ... Realistically, the company has had no choice but to go online—between 2010 and 2023, the ...
While plenty of luxury brands experienced grinchy holiday results, Nordstrom had plenty to celebrate. When adjusted for a calendar shift, the Seattle-based retailer says comparable sales rose 4.7%.
Nordstrom Inc.’s stock was flat early Tuesday after the department-store chain posted better-than-expected fourth-quarter earnings and said it’s on track with a plan to go private later this year.
Last December, Nordstrom revealed plans to go private through an agreement whereby the Nordstrom family and Mexican retailer El Puerto de Liverpool would acquire all of the outstanding common shares ...