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2024-12-23


Nordstrom is returning to its private roots after years of falling sales and earnings. The deal is valued at $6.25 billion.

The family that founded Nordstrom and El Puerto de Liverpool are buying Nordstrom, paving the way for the retailer to return to operating as a privately held company.

The business will be acquired by members of the family and El Puerto de Liverpool, a Mexican real estate and department store company that has owned a stake in Nordstrom since 2022.

2024-11-29


Is the 6 a.m. Black Friday thrill still there. and what does it mean for department stores?

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KSS
JWN

2024-09-06


The Big Number: $3.8 Billion

Sep 6, 2024, 11:26 AM

The amount offered by Nordstrom’s founding family to buy its namesake retailer.

The Big Number: $3.8 Billion

Sep 6, 2024, 11:26 AM

The amount offered by Nordstrom’s founding family to buy its namesake retailer.

2024-09-04


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.