Nordstrom family offers $3.76 billion for department store ...
WEBSep 4, 2024 · Updated 2:05 PM PDT, September 4, 2024. NEW YORK (AP) — Members of the Nordstrom family with the help of a Mexican retail group are offering to take the century-old department store private for $3.76 billion, months after first expressing interest in a buyout. In a letter to the board of directors dated Tuesday, Erik Nordstrom said the ...
Press Releases - Nordstrom
WEBNordstrom Rack to Open New Location in Coral Springs, Florida. SEATTLE , July 9, 2024 /PRNewswire/ -- Seattle -based fashion retailer Nordstrom, Inc . (NYSE: JWN) announced plans to open a new Nordstrom Rack in Coral Springs, Fla. in fall 2025.
It’s Official: Nordstrom Brothers Pursue Nordstrom Inc. Takeover
WEBApr 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 May Be Surprise Winner From Saks-Neiman ... - Forbes
WEBJul 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 Confirms Buyout Proposal Valued at $3.8 billion
WEBSep 5, 2024 · Over the past six months, shares of this Zacks Rank #1 (Strong Buy) company have gained 33.5% against the industry’s 3.3% decline. Nordstrom remains focused on its long-term strategy, which ...
NORDSTROM ANNOUNCES EXECUTIVE LEADERSHIP …
WEBSep 13, 2023 · NORDSTROM ANNOUNCES EXECUTIVE LEADERSHIP APPOINTMENTS. Jamie Nordstrom appointed Chief Merchandising Officer. Fanya Chandler appointed President, Nordstrom Stores. Gemma Lionello appointed President, Nordstrom Rack. SEATTLE, Sept. 13, 2023 /PRNewswire/ -- Nordstrom, Inc. (NYSE: JWN) today announced executive leadership appointments in the ...
Special Committee of Nordstrom Board Confirms Receipt of ...
WEBSEATTLE, Sept. 4, 2024 /PRNewswire/ -- The special committee of the Board of Directors of Nordstrom, Inc. (NYSE: JWN) today confirmed receipt of a proposal from Erik and Pete Nordstrom, other members of the Nordstrom family, and El Puerto de Liverpool, S.A.B. de C.V. ("Liverpool") (BMV: LIVEPOL) to acquire all of the outstanding shares of the Company, other than shares held by members of the ...
Nordstrom Reports Fourth Quarter 2023 Earnings
WEBMar 5, 2024 · Full-year revenue for fiscal 2023, including retail sales and credit card revenues, decreased 5.4 percent. Nordstrom banner net sales in the fourth quarter decreased 3.0 percent, inclusive of 410 basis points related to the 53rd week, compared with the same period in fiscal 2022, improving sequentially from the third quarter.
What’s behind Nordstrom family’s $3.8B play to take control ...
WEBSep 4, 2024 · The coalition of Nordstrom family members and Liverpool propose a deal in which the family would own 50.1% of the company, while Liverpool would own the rest, according to a Wednesday regulatory ...
Nordstrom Launches Online Marketplace - WWD
WEBApr 29, 2024 · Nordstrom Inc. has launched a digital marketplace platform aiming to grow the offering on its website and app, increase revenues and provide sellers with a wider audience.
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