Brothers Erik and Pete Nordstrom, great-grandsons of founder John W. Nordstrom, lead a consortium also including Mexican retail chain El Puerto de Liverpool. The family will take a majority stake ...
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Nordstrom Goes Private
The great grandsons of company founder John Nordstrom — Erik, Pete, and Jamie Nordstrom, the company’s top officers — will have a majority ownership stake. “For over a century, Nordstrom ...
Bloomberg / Contributor / Getty Images Nordstrom agreed to be taken private by its founding family and Mexican retailer El Puerto de Liverpool in a deal valuing the department store chain at about ...
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 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 ...