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 per share cash ...
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 ...
Nordstrom last month reported sales growth of 3.4% in the second quarter, as sales in stores open at least a year — a key metric of a retailer’s health — rose 1.9%. But net income slipped ...
The Nordstrom family offered $3.8 billion to take the company private — a steep discount from a bid it made six years earlier as department stores continue to get slammed by dwindling mall traffic.
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 per share cash, months after ...
Nordstrom capped off a rough day for the retail industry with another disappointing quarter. The high-end department store said same-store sales slipped 0.8% versus a year ago, missing the ...
JWN Price Action: Nordstrom shares initially traded down near the $22 level when the go-private offer was announced before bouncing back. The stock was up 0.31% at $22.89 at the time of ...
It’s been another rough year at U.S. department stores so far ... The retailer currently runs 479 full-line stores. Number of full-line stores Nordstrom closed recently: 16 during the pandemic ...
(Reuters) -Nordstrom's founding family has offered to take the department store chain private for $23 a share, teaming up with a Mexico-based retailer in its latest bid, a filing showed on Wednesday.