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...
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.
Nordstrom Family Offers $3.8 Billion to Buy Its Namesake Retailer
Sep 4, 2024 · The family behind Nordstrom, one of the country’s oldest department stores, is offering to take it private for $3.8 billion, the company announced in a regulatory filing on Wednesday, as...
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.
Nordstrom Family Makes $3.8 Billion Play To Take Company ... - Forbes
Sep 4, 2024 · The Nordstrom family and El Puerto de Liverpool have offered $3.8 billion to take the company private, bringing the department store group back into the family’s hands.
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...
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 Brothers Look to Take Nordstrom Inc. Private - WWD
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...
Nordstrom Reports Fourth Quarter 2023 Earnings
Mar 5, 2024 · EBIT was $215 million in the fourth quarter of 2023, compared with $187 million during the same period in fiscal 2022. Adjusted EBIT of $247 million for the fourth quarter of 2023 excluded a supply chain asset impairment charge.
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