Erik and Peter Nordstrom, the great-grandsons of founder John Nordstrom, and executives at the company, said on Wednesday ...
The Nordstrom family is looking to take their namesake department store chain private in a proposed US$3.8bil deal.
Private shopping, sharp tailoring, and access to the most coveted clothes are a few perks keeping clients coming back for ...
The antitrust case against Tapestry’s $8.5 billion deal to buy Capri should set precedent, and it won’t be the last case to ...
The $3.8 billion deal comes as the national chain faces weakness in its core business even as the Nordstrom Rack subsidiary ...
And the business, under Bluestar Alliance, has plans to relaunch fashion footwear, handbags and small leather goods with ...
The $23-per-share offer by the department store’s founding family comes as retailers struggle to navigate new shopping trends and costly real estate.
The Nordstrom brothers' offer is backed by other family members, new bank financing and a Mexican department store chain.
This summer, Saks Fifth Avenue parent HBC announced a deal to acquire luxury rival Neiman Marcus for $2.65 billion, which includes a minority investment from Amazon. The deal is pending regulatory ...
Led by Erik Nordstrom, CEO, and his brother Pete Nordstrom, executive vice president, the family’s proposal offers ...
Members of the Nordstrom family and El Puerto de Liverpool SAB have offered to acquire the department store for $23 per share ...