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 · Alex Halverson. Seattle Times business reporter. 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...
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 Reports Third Quarter 2024 Earnings
2 days ago · Positive sales growth at both banners during third quarter, driving margin expansion Reports EPS of $0.27 , adjusted EPS of $0.33 1 Updates fiscal 2024 revenue and comparable sales outlook SEATTLE , Nov. 26, 2024 /PRNewswire/ -- Nordstrom, Inc. (NYSE: JWN) today reported third quarter net earnings
Nordstrom raises lower end of annual sales outlook, sees …
1 day ago · Nordstrom slightly raised its annual comparable sales forecast on Tuesday owing to softness in some categories including footwear and apparel toward the end of October. ... the news and media ...
Exclusive: Nordstrom's founding family in new bid to take US …
NEW YORK, March 19 (Reuters) - The founding family behind Nordstrom Inc (JWN.N) is seeking to take the U.S. department store operator private, six years after a similar attempt proved...
Nordstrom Brothers Make Bid To Buy Back Department Store Chain - Forbes
Sep 4, 2024 · The coalition led by brothers Erik and Pete Nordstrom would give the Nordstrom family majority control of the $4 billion department store chain.
Erik and Pete Nordstrom Offer $3.8 Billion to Buy the Retailer
Sep 4, 2024 · Brothers Erik and Pete Nordstrom, along with other members of the Nordstrom family and Mexican retailer Liverpool, have offered to acquire all of the outstanding shares of the company the group...
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...
Special Committee of Nordstrom Board Confirms Receipt of …
SEATTLE, 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 ...