Nordstrom family offers $3.76 billion for department store chain | AP News
Sep 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.
What’s behind Nordstrom family’s $3.8B play to take control of …
Sep 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 May Be Surprise Winner From Saks-Neiman Marcus Merger - Forbes
Jul 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.
Press Releases - Nordstrom
Nordstrom 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.
It’s Official: Nordstrom Brothers Pursue Nordstrom Inc. Takeover
Apr 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...
The Big Number: $3.8 Billion - The New York Times
Sep 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...
Exclusive: Nordstrom's founding family in new bid to take US …
NEW YORK, March 19 (Reuters) - The founding family behind Nordstrom Inc (JWN.N) is seeking to take the U.S. department store operator private, six years after a similar attempt proved...
Nordstrom delivers surprise profit as inventory woes ease
May 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 to Report Third Quarter 2024 Financial Results on …
SEATTLE, Nov. 5, 2024 /PRNewswire/ -- Nordstrom, Inc. (NYSE: JWN) announced that it will report its third quarter 2024 financial results after the close of the financial markets on Tuesday, November 26, 2024. The announcement will be followed by a conference call at 4:45 p.m. EST, in which senior management will provide a business update and ...
Nordstrom Says Losses From Theft at Historic High - Bloomberg.com
Aug 24, 2023 · Losses from theft are at a historic high at Nordstrom Inc., the company’s chief executive officer told analysts, making it the latest major US retailer to call out the rise in crime at its stores.
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