Nordstrom to be acquired by Nordstrom family ... - Associated Press News
3 days ago · Century-old department store Nordstrom has agreed to be acquired and taken private by Nordstrom family members and a Mexican retail group in a $6.25 billion deal with the industry being squeezed by discount chains and other competition.. Public companies are under a lot more scrutiny and if private, the Nordstrom may have more leeway in reviving a department store chain that has been ...
Nordstrom to go private in $6.25 billion deal with Nordstrom ... - CBS News
3 days ago · Century-old department store Nordstrom has agreed to be acquired and taken private by Nordstrom family members and a Mexican retail group in a $6.25 billion deal.
Another rough year for department stores | Retail Dive
Oct 7, 2024 · It’s been another rough year at U.S. department stores so far, at least for those making their financial filings public. Several of them — public and private — have embarked on turnarounds or...
Nordstrom to be acquired by Nordstrom family and Mexican ... - ABC News
3 days ago · Century-old department store Nordstrom has agreed to be acquired and taken private by Nordstrom family members and a Mexican retail group for $6.25 billion, the company said Monday.
Department Store News - Retail Dive
Dec 17, 2024 · The latest news and updates on department stores for retail industry professionals.
Nordstrom family takes department store chain private in $6.25 …
3 days ago · Members of the Nordstrom family are taking its namesake department store chain private with Mexican retailer El Puerto de Liverpool, in a deal announced Monday that values the company at $6.25 ...
Department Stores in Survival Mode and Taking Action - WWD
Dec 16, 2024 · How Department Stores Tried to Reverse Market Share Losses in 2024. Investors, vendors and retail experts are watching and waiting to see whether changes in merchandise, brick-and-mortar ...
How America’s once great department stores became a dying …
Feb 27, 2024 · Department stores were once the giants of American retail. Macy’s, Sears, and JC Penney offered a selection of products and convenience for shoppers that reshaped how and where Americans bought...
Retail News and Trends | Retail Dive
Retail Dive provides news and analysis for retail executives. We cover topics like retail tech, marketing, e-commerce, logistics, in-store operations, corporate retail news, and more.
Department Stores Are Buzzing in 2023, 7 Retailers Making News …
Dec 15, 2023 · Store openings have outpaced closures in 2023, thanks to discount stores — a category that includes Dollar General, Five Below, Big Lots and the like — according to Cushman & Wakefield’s 2024 U.S. Macro Outlook Report. The discount sector added nearly 1,800 net new stores in 2023, contributing significantly to the overall retail industry ...