Despite concerns going into the holiday season, the company’s namesake banner and Nordstrom Rack both reported sales and comps growth. JWN raises its fiscal 2024 revenue outlook, forecasting 1. ...
Yet the department store operator stuck by its profit outlook. CEO Erik Nordstrom credited the company's "efforts to remain competitive in the promotional environment and the strength of our offering.
Members of the Nordstrom family and Mexican retailer El Puerto de Liverpool have offered to acquire Nordstrom for $24.50 per share. We expect the deal to close at this price. Nordstrom has a loyal ...
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 store El Puerto de ...