The Seattle-based department store chain Nordstrom announced Monday it agreed to a transaction which will give the Nordstrom family a controlling stake in the retailer, which will go private after ...

Nordstrom (JWN) is returning to its private roots after years of earnings struggles and investor indifference. The founding Nordstrom family, who owned a roughly 33% stake, teamed up with retail ...

Department store chain Nordstrom will be acquired by its founding family and Mexican retailer Liverpool for nearly $4 billion in an all-cash deal, going private at a time when high-end retailers ...

The Nordstrom company is about to go private in an all-cash deal with El Puerto de Liverpool that will reportedly make the family wealthier. The agreement is estimated to be worth more than $6 ...

The deal will take Nordstrom private, with the Nordstrom family holding a majority ownership stake. Nordstrom shareholders will receive $24.25 in cash for each share of common stock they own ...

Image of Nordstrom store in Downtown Seattle. (Photo: KOMO News) TOPICS: SEATTLE — Century-old department store Nordstrom has agreed to be acquired and taken private by Nordstrom family members ...

NEW YORK, NEW YORK - OCTOBER 22: Erik Nordstrom, Pete Nordstrom, Jamie Nordstrom, and Chris Wanless ... [+] attend the Nordstrom NYC Flagship Opening Party on October 22, 2019 in New York City.

The business will be acquired by members of the family and El Puerto de Liverpool, a Mexican real estate and department store company that has owned a stake in Nordstrom since 2022. By Jordyn ...

(Bloomberg) -- The Nordstrom family is joining forces with a Mexican retailer to take its namesake department store private in an all-cash transaction valued at about $6.25 billion, including debt.

Luxury department store Nordstrom said it will close two Massachusetts locations in the next few months. Another national retailer is set to move into the locations. The Northshore Nordstrom at ...

Seattle-based Nordstrom has agreed to be acquired and taken private by members of the longtime retail family and El Puerto de Liverpool, a Mexican retailer, in an all-cash-deal valued at $6.25 ...

SEATTLE — Century-old department store Nordstrom has agreed to be acquired and taken private by Nordstrom family members and a Mexican retail group for $6.25 billion, the company said Monday.