Press Releases - Nordstrom
WEBNordstrom Rack to Open New Location in Coral Springs, Florida. SEATTLE , July 9, 2024 /PRNewswire/ -- Seattle -based fashion retailer Nordstrom, Inc . (NYSE: JWN) announced plans to open a new Nordstrom Rack in Coral Springs, Fla. in fall 2025.
It’s Official: Nordstrom Brothers Pursue Nordstrom Inc. Takeover
WEBApr 18, 2024 · Nordstrom Inc. has confirmed that brothers Erik and Pete Nordstrom are looking to take the retailer private and that a special committee has been formed to evaluate their proposal and any...
Nordstrom family offers $3.76 billion for department store chain | AP News
WEBSep 4, 2024 · Updated 2:05 PM PDT, September 4, 2024. NEW YORK (AP) — Members of the Nordstrom family with the help of a Mexican retail group are offering to take the century-old department store private for $3.76 billion, months after first expressing interest in a buyout. In a letter to the board of directors dated Tuesday, Erik Nordstrom said the ...
Nordstrom Confirms Buyout Proposal Valued at $3.8 billion
WEBSep 5, 2024 · Details on Nordstrom’s Buyout Proposal. This buyout proposal offer is equivalent to $23 per share in cash, reflecting a slight premium to Wednesday’s closing stock price. Erik and Peter ...
Nordstrom May Be Surprise Winner From Saks-Neiman Marcus Merger - Forbes
WEBJul 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 Family Bids Again to Take Retailer Private - MSN
WEBThe founding family of Nordstrom made a $3.8 billion bid to take its namesake retailer private, its second attempt to revive the department-store chain out of public view. Nordstrom, like Macy’s ...
NORDSTROM ANNOUNCES EXECUTIVE LEADERSHIP …
WEBSep 13, 2023 · NORDSTROM ANNOUNCES EXECUTIVE LEADERSHIP APPOINTMENTS. Jamie Nordstrom appointed Chief Merchandising Officer. Fanya Chandler appointed President, Nordstrom Stores. Gemma Lionello appointed President, Nordstrom Rack. SEATTLE, Sept. 13, 2023 /PRNewswire/ -- Nordstrom, Inc. (NYSE: JWN) today announced executive leadership appointments in the ...
Nordstrom Reports Fourth Quarter 2023 Earnings
WEBMar 5, 2024 · Full-year revenue for fiscal 2023, including retail sales and credit card revenues, decreased 5.4 percent. Nordstrom banner net sales in the fourth quarter decreased 3.0 percent, inclusive of 410 basis points related to the 53rd week, compared with the same period in fiscal 2022, improving sequentially from the third quarter.
Nordstrom stock upgraded amid take-private proposal - Yahoo …
WEBSep 5, 2024 · The proposal, submitted to the Special Committee on September 3, 2024, suggests a buyout at $23.00 per share. This offer is marginally above the September 3 closing price of $22.82 and represents ...
Nordstrom delivers surprise profit as inventory woes ease
WEBMay 31, 2023 · Nordstrom Inc posted a surprise first-quarter profit on Wednesday as better inventory control and demand from wealthy shoppers helped the company defy an inflation-driven slump in retail...
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