Nordstrom Inc. has been in business for 120 years and Erik Nordstrom, a great-grandson of the founder, has been with the company for over a third of the stretch. Now as chief executive officer, he’s ...
Can Nordstrom Inc. restore its luster of years ago? That’s the basis for the storied, Seattle-based Nordstrom’s plan to go private and get out from under the glare of Wall Street. The $4 billion offer ...
Nordstrom, Inc. says that the members of the Nordstrom family aren’t going to proceed with plans to take the company private. This news came from Co-Presidents Blake W. Nordstrom, Peter E. Nordstrom ...
Following a strong second-quarter performance, Nordstrom Inc (NYSE:JWN) will deliver insights into its third-quarter results Tuesday after-hours. In the second quarter, the company outperformed ...
Since rising above the $80 mark last March, shares of upscale retailer Nordstrom have been decimated. The stock hit a new multi-year low on Friday, closing at $46.24: down more than 40% from its peak.
Nordstrom has sold its credit card receivables to TD Bank, and its shareholders will get almost all of the proceeds. Last Thursday, Nordstrom revealed exactly how it will use the proceeds. As expected ...
This week, Nordstrom subsidiary Trunk Club announced that it's bringing its popular in-home shopping service to a whole new market: women. Trunk Club, which blends the high-touch experience ...
Nordstrom Inc., in the midst of a multiyear turnaround effort, has triggered a trio of top-level management changes. Jamie Nordstrom has been appointed chief merchandising officer, filling a position ...
The Rio Grande Valley’s retail scene is about to get another “first” — its first-ever Nordstrom Rack clothing store.
During the quarter, Nordstrom Inc. opened 11 new Rack stores, with an additional one introduced early in the fourth quarter, bringing the total to 19 for the year. Credit: Shutterstock Nordstrom ...
For the second time in the span of a year, the Nordstrom family is trying to buy the rest of the company. Finding an acceptable price for a buyout could be challenging, though. Lenders may be more ...
For the past nine months, Nordstrom 's (NYSE: JWN) founding family has engaged in an on-again, off-again attempt to take the storied retailer private. The family believes that it would be easier to ...