Nordstrom department store is closing locations in two cities but is opening one new location. Newsweek has contacted ...

The Nordstrom store inside the Santa Monica Place is shutting down after nearly 15 years at the iconic location.

Nordstrom CEO Erik Nordstrom announced on Monday that the family is taking the firm private. REUTERS. The Nordstrom family tried to take the company private in 2018, ...

What's New. 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 ...

Nordstrom goes private after being acquired for $6.25 billion. Nordstrom is now a private company after a $6.25 billion deal finalized in May 2025, where the Nordstrom family and Mexican retailer ...

KEY TAKEAWAYS Department-store chain Nordstrom Tuesday boosted the low end of its full-year projections, although its CEO warned that there was a “noticeable decline” in sales trends at the ...

As part of the deal, the Nordstrom family will have majority ownership in the company, with 50.1%, and Liverpool will own 49.9%. Common shareholders will receive $24.25 in cash for each share of ...

Nordstrom faces a class-action lawsuit alleging the family used influence for a $6.25B buyout, ... Wine startup makes CEO transition as it plots major wholesale push in 2025.

Nordstrom is shuttering two stores by the end of the summer, ... The company said, despite the closures, they hope to transition employees at the affected stores to other locations.

Department-store chain Nordstrom Tuesday boosted the low end of its full-year projections, although its CEO warned that there was a “noticeable decline” in sales trends at the end of last month.

Nordstrom is shuttering two stores by the end of the summer, ... The company said, despite the closures, they hope to transition employees at the affected stores to other locations.