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Century-old department store Nordstrom has agreed to be acquired and taken private by Nordstrom family members and a Mexican retail group in a $6.25 billion deal.

Nordstrom Inc. closed $0.83 short of its 52-week high ($24.99), which the company reached on November 25th.

Nordstrom shares have fallen nearly 70% from ... of shoppers turning thrifty amid soaring inflation, and due to rising competition from off-price chains including T.J. Maxx. But the company ...

Century-old department store Nordstrom has agreed to be acquired and taken private by Nordstrom family members and a Mexican retail group in a $6.25 billion deal with the industry being squeezed by ...

The acquiring group will also pick up more than $2 billion in Nordstrom debt. The traditional department stores have suffered in the face of withering competition from giants like Walmart and ...

Century-old department store Nordstrom has agreed to be acquired and taken private by Nordstrom family members and a Mexican retail group in a $6.25 billion deal to combat competition from discount ...

The acquiring group will also pick up more than $2 billion in Nordstrom debt. The traditional department stores have suffered in the face of withering competition from giants like Walmart and ...