What Going Private Means to Nordstrom Inc.
As expected, the $4 billion proposal by the Nordstrom family and Mexico's Liverpool to take the Seattle-based Nordstrom Inc.
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The Nordstrom family struck a deal to take their namesake department store chain private. Here's how they built their retail empire.
are working with cousin Jamie Nordstrom, the company's chief merchandising officer, and Mexican retailer El Puerto de Liverpool to purchase the company at $24.25 per share, the group said on Monday.
The New York Times18d
Nordstrom Family Strikes Deal to Buy Out Namesake Chain
as it was able to sell more merchandise at full price rather than having to discount it. Its off-price Nordstrom Rack business has also been strong, nabbing a 3.9 percent increase in comparable ...
Morningstar18d
Nordstrom Is Set to Be Sold to Namesake Family and Mexico's El Puerto de Liverpool
Nordstrom’'s plan, Closer to You, emphasizes e-commerce, growth in key cities (through Local and other initiatives), and a broader off-price offering. Among the merchandising changes ...