News

After a thorough search, we’re excited to welcome Kelly to the Nordstrom team,” said Erik Nordstrom, co-CEO of Nordstrom, Inc. “She brings three decades of financial leadership experience and a proven ...
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 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, ...
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.
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 ...
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 ...
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.