The department store returns to family control with traffic and sales comps up, and in a position to steal share from Saks ...

Nordstrom is now a private company. The iconic Seattle-based retailer has closed its $6.25 billion deal to go private with ...

The business will be acquired by members of the family and El Puerto de Liverpool ... Its off-price Nordstrom Rack business has also been strong, nabbing a 3.9 percent increase in comparable ...

Nordstrom Inc. confirmed Wednesday that it has received a buyout bid from members of the Nordstrom family and Mexico-based department store chain El Puerto de Liverpool SAB. Under terms of the bid ...

Instead, customers shopping at Nordstrom Rack can receive a 5% discount on eligible ... with investment from Mexican retail conglomerate El Puerto de Liverpool. The all-cash transaction valued ...

Nordstrom will open 22 Rack stores in 2024 as the financial results of the Seattle-headquartered retailer’s discount arm outpaced the namesake brand in 2023 and the last quarter of the fiscal ...