Nordstrom family offers $3.76 billion for department store chain | AP News
WEBSep 4, 2024 · Members of the Nordstrom family are teaming up with a Mexican retail group and are offering to take the department store retailer private at $23 per share cash, months after first expressing interest in a buyout.
It’s Official: Nordstrom Brothers Pursue Nordstrom Inc. Takeover
WEBApr 18, 2024 · Nordstrom Inc. has confirmed that brothers Erik and Pete Nordstrom are looking to take the retailer private and that a special committee has been formed to evaluate their proposal and any...
Press Releases - Nordstrom
WEBNordstrom Rack to Open New Location in Tarzana, California. SEATTLE , June 18, 2024 /PRNewswire/ -- Seattle -based fashion retailer Nordstrom, Inc . (NYSE: JWN) announced plans to open a new Nordstrom Rack in Tarzana, California in fall 2024.
Nordstrom May Be Surprise Winner From Saks-Neiman Marcus Merger - Forbes
WEBJul 4, 2024 · The acquisition of Neiman Marcus by Saks is headed for closure, putting the combined Saks Global on equal footing with Nordstrom, a surprise beneficiary from the deal.
What’s behind Nordstrom family’s $3.8B play to take control of …
WEBSep 4, 2024 · Peter and Erik Nordstrom have offered to take the Seattle-based company private for $23 per share, with financial backing from the rest of their family and Mexican department store chain El...
Nordstrom Confirms Buyout Proposal Valued at $3.8 billion
WEBSep 5, 2024 · Nordstrom remains focused on its long-term strategy, which builds on its market strategy to capitalize on its digital-first platform to better serve customers, gain market share and deliver ...
The Big Number: $3.8 Billion - The New York Times
WEBSep 6, 2024 · The family behind Nordstrom, the 123-year-old department store, announced on Wednesday that it was offering $3.8 billion to take the company private. The company, founded in Seattle, is led by a...
NORDSTROM ANNOUNCES EXECUTIVE LEADERSHIP …
WEBSEATTLE, Sept. 13, 2023 /PRNewswire/ -- Nordstrom, Inc. (NYSE: JWN) today announced executive leadership appointments in the company's merchandising and store organizations, effective immediately. Jamie Nordstrom was …
Nordstrom delivers surprise profit as inventory woes ease
WEBMay 31, 2023 · Nordstrom Inc posted a surprise first-quarter profit on Wednesday as better inventory control and demand from wealthy shoppers helped the company defy an inflation-driven slump in retail...
Nordstrom Reports Fourth Quarter 2023 Earnings
WEBMar 5, 2024 · Nordstrom banner net sales decreased 3.0 percent and GMV decreased 3.4 percent compared with the fourth quarter of 2022. Net sales for Nordstrom Rack increased 14.6 percent.
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