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.

Analysts have recently evaluated Nordstrom and provided 12-month price targets. The average target is $22.61, accompanied by ...

The upcoming closures of Nordstrom department stores at two Massachusetts malls will result in 300 workers losing their jobs.

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 ...

The family that founded Nordstrom and El Puerto de Liverpool are buying Nordstrom, paving the way for the retailer to return to operating as a privately held company. Nordstrom on Monday announced ...

The Nordstrom family is joining forces with a Mexican retailer to take its namesake department store private in an all-cash transaction valued at about $6.25 billion, including debt.

The retailer will lay off 134 employees in closing its Peabody location and 166 in the closure of the Braintree storefront, ...

Despite concerns going into the holiday season, the company’s namesake banner and Nordstrom Rack both reported sales and ...

The Nordstrom department store chain is set to go private after the Nordstrom family announced on Monday that it had made a $6.25 billion deal to buy all remaining shares in the company alongside ...

About six years ago, the Nordstrom family proposed taking the company private at a much-higher price of $50 per share, but the offer was rejected by the board due to funding uncertainty and ...

The buyout comes after the company reduced its retail footprint in a number of markets including San Francisco. The Nordstrom family is teaming up with a Mexican retailer to take the department ...

Following the close of the transaction, the Nordstrom Family will have a majority ownership stake in the Company. "The special committee of the Nordstrom Board of Directors reviewed this proposal ...