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Nordstrom family takes department store chain private
Department Store Rivals Take Little Solace From Nordstrom Take-Private Deal
After multiple failed attempts, the Nordstrom family—with the help of another investor—is finally taking their namesake department store private. What does this mean for other department stores? Nordstrom on Monday announced that it had agreed to be taken private by the family,
Who Is the Nordstrom Family? Department Store Goes Private in $6.25B Deal
Nordstrom has been family-owned since being founded in Seattle in 1901 by John W. Nordstrom, a Swedish immigrant.
Nordstrom family to take department store chain private; national retailer files for bankruptcy
NEW YORK — 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 Dec. 23.
2d
on MSN
Are holiday department store displays becoming a ghost of Christmas past?
A changing retail landscape means closures and consolidations. But families still treasure traditions such as light shows, ...
7d
How Macy’s can turn around its business as department store struggles
Those are just two of several changes the activist investor says are necessary to turn around Macy’s, which once established ...
2d
on MSN
'Rudolph' started as a department store promotion. How the story evolved
Rudolph the Red-Nosed Reindeer” started out as a children's story first released by Montgomery Ward in 1939. The department ...
1d
on MSN
Pickup truck driver killed by police after driving through busy Texas mall store is identified
Authorities have now identified a pickup truck driver they say fled police and careened through the doors of a JCPenney store ...
Daily Mail
2d
Major upscale department store goes private in $6.25 billion deal
A major American
department
store
chain is going private in a $6.25billion deal that will see its founding family regain control. Executives at Nordstrom announced Monday that Erik, Pete and Jamie ...
2d
Department store to be demolished as £2.8m fee delayed
Council officers this month allowed the developer to delay paying a contribution of almost £3m to help fund infrastructure, ...
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