Nordstrom family takes department store chain private

Who Is the Nordstrom Family? Department Store Goes Private in $6.25B Deal
Nordstrom has been family-owned since being founded in Seattle in 1901 by John W. Nordstrom, a Swedish immigrant.
Department Store Rivals Take Little Solace From Nordstrom Take-Private Deal
After multiple failed attempts, the Nordstrom family—with the help of another investor—is finally taking their namesake department store private. What does this mean for other department stores? Nordstrom on Monday announced that it had agreed to be taken private by the family,
Nordstrom family takes department store chain private in $6.25 billion deal
Members of the Nordstrom family are taking its namesake department store chain private with Mexican retailer El Puerto de Liverpool, in a deal announced Monday that values the company at $6.25 billion.
Nordstrom Family Set to Take Department Store Private in $6.3B Deal
Department store Nordstrom is set to go private as part of an approximately $6.25 billion deal, the company announced Monday.
Nordstrom family will take retailer private in $4 billion deal
The Nordstrom family teamed up with Mexican retailer Liverpool to clinch a $4 billion deal to take iconic department store chain Nordstrom private, six years after a similar attempt fell short. Nordstrom and rivals such as Macy's have become enticing takeover targets in recent years as sales have slowed and shares have slumped.
The Nordstrom family struck a deal to take their namesake department store chain private. Here's how they built their retail empire.
The Nordstroms built their empire from a single shoe store in Seattle to one of the biggest names in fashion retail.
Nordstrom going private in $6.25B deal with family members and Mexican retailer
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 billion,
NJ.com on MSN9h
Macy’s store closings 2024: The latest on the stores closing this year
Macy’s is closing 65 stores in fiscal year 2024 alone, according to the company’s latest quarterly earnings report. The ...
Are holiday department store displays becoming a ghost of Christmas past?
A changing retail landscape means closures and consolidations. But families still treasure traditions such as light shows, ...
Big department store chain to shut in busy shopping centre as it launches closing down sale
A MAJOR department store chain is set to close its doors in a busy shopping centre. TJ Hughes in the Antonine Shopping Centre ...
How Macy’s can turn around its business as department store struggles
Those are just two of several changes the activist investor says are necessary to turn around Macy’s, which once established ...
Beloved, long-gone department store chain to make a comeback in 2025
The current owners of Lord & Taylor plan to revive the brand although it will only have an online presence for now.
'Rudolph' started as a department store promotion. How the story evolved
Rudolph the Red-Nosed Reindeer” started out as a children's story first released by Montgomery Ward in 1939. The department ...
Daily Mail3d
Major upscale department store goes private in $6.25 billion deal
A major American department store chain is going private in a $6.25billion deal that will see its founding family regain control. Executives at Nordstrom announced Monday that Erik, Pete and Jamie ...
Albany (GA) WALB on MSN10h
Retail, Wholesale and Department Store Union releases statement following Tyson Foods Plant explosion
The Retail, Wholesale and Department Store Union (RWDSU) has released a statement following an explosion at the Tyson Foods ...