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 ...

According to the Associated Press, the retailer is being sold to Nordstrom family members and a Mexican retail group for $6.25 billion. The new ownership will operate the store as a private ...

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 founding ...

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 ...

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 teamed up with Mexican retailer Liverpool to clinch a $4 billion deal to take iconic department store chain Nordstrom private, six years after a similar attempt fell short.

Nordstrom shares fell about 1.5% Monday, but they are up 34% this year on rumors of a family takeover. The company’s stock is still down considerably from post-pandemic highs above $40 per share.

Century-old department store Nordstrom has agreed to be acquired and taken private by Nordstrom family members and a Mexican retail group for $6.25 billion, the company said Monday.