Nordstrom department store is closing locations in two cities but is opening one new location. Newsweek has contacted ...

The Nordstrom store inside the Santa Monica Place is shutting down after nearly 15 years at the iconic location.

KEY TAKEAWAYS Department-store chain Nordstrom Tuesday boosted the low end of its full-year projections, although its CEO warned that there was a “noticeable decline” in sales trends at the ...

Nordstrom faces a class-action lawsuit alleging the family used influence for a $6.25B buyout, ... Wine startup makes CEO transition as it plots major wholesale push in 2025.

Nordstrom CEO Erik Nordstrom announced on Monday that the family is taking the firm private. REUTERS. The Nordstrom family tried to take the company private in 2018, ...

What's New. The Nordstrom department store chain is set to go private after the Nordstrom family announced on Monday that it had made a $6.25 billion deal to buy all remaining shares in the ...

Seattle – Nordstrom Inc., which ranks among the Top 20 home textiles retailers in the U.S., is planning to go private. The department store company announced it is being acquired by members of the ...

As part of the deal, the Nordstrom family will have majority ownership in the company, with 50.1%, and Liverpool will own 49.9%. Common shareholders will receive $24.25 in cash for each share of ...

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.

Department store chain Nordstrom announced Monday, Dec. 23, it will become a private company, after it agreed to a $6.25 billion buyout by a Mexican department store and the Nordstrom family, which… ...

Department-store chain Nordstrom Tuesday boosted the low end of its full-year projections, although its CEO warned that there was a “noticeable decline” in sales trends at the end of last month.