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Nordstrom family will take retailer private
Iconic retailer Nordstrom, reshaped by digital commerce, set to go private in $6.25B deal
Seattle-based Nordstrom has agreed to be acquired and taken private by members of the longtime retail family and El Puerto de Liverpool, a Mexican retailer, in an all-cash-deal valued at $6.25 billion, the company announced Monday.
Who Is the Nordstrom Family? Department Store Goes Private in $6.25B Deal
Nordstrom has been family-owned since being founded in Seattle in 1901 by John W. Nordstrom, a Swedish immigrant.
Nordstrom to go private after family-led buyout for $6.25bn
After the acquisition, the Nordstrom family will own a 50.1% stake while El Puerto de Liverpool will hold the remaining 49.9%.
3d
on MSN
Nordstrom Rack is selling an $80 sheet set for just $36, and shoppers say it's 'so soft'
Who doesn't love a soft set of sheets? But rather than paying a premium price for cozy bedding, there's an amazing deal at ...
11h
on MSN
Nordstrom Rack has amazing deal on $395 Kate Spade bag, now on sale for $39
There’s an amazing deal on Nordstrom Rack right now that can make your new year a little more festive and stylish. The Flash Glitter Tote by Kate Spade New York is normally $395 but was already marked ...
InStyle on MSN
1d
Marc Jacobs Bags, Winter Coats, and More Are Up to 72% Off at Nordstrom Rack RN
The Nordstrom Rack sale includes over 10,000 items, including winter clothing and shoes as well as designer bags up to 72 ...
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