Dec. 23 (UPI) --Clothing retail giant Nordstrom announced on Monday that it is going private in a $6.25 billion deal involving the founding family members of the company and Mexican department ...
After opening 23 new stores so far this year, the company now operates a combined 381 Nordstrom and Nordstrom Rack stores in the U.S. Nordstrom shares fell about 1.5% Monday, but they are up 34% ...
The move marks a pivotal moment for the century-old department store chain as it grapples with fierce competition in an evolving retail sector. The agreement comes amid a challenging period for ...