The upcoming closures of Nordstrom department stores at two Massachusetts malls will result in 300 workers losing their jobs.
Yet the department store operator stuck by its profit outlook. CEO Erik Nordstrom credited the company's "efforts ... So far, ...
Why it matters: The deal values the department store retailer at $6.25 billion, ending a nine-month saga and giving Nordstrom a chance to right the ship as a private entity. By the numbers ...
Nordstrom is going to be acquired for $6.25 billion by Nordstrom family members and a Mexican department store chain ... The company got to this number based on a premium of 42% to the company's ...
Yet the department store operator stuck by its profit outlook. CEO Erik Nordstrom credited the ... So far, early holiday numbers have looked promising. Online spending in the U.S. rose nearly ...