A special committee of the Nordstrom Board of Directors confirmed receipt of a proposal from Erik and Pete Nordstrom, other members of the Nordstrom family and El Puerto de Liverpool to acquire all of the outstanding shares of the company, other than shares held by...
Nordstrom Rack performed well in its parent company’s latest quarterly financial results. The department store operator’s expanding off-price banner has helped drive sales advances above the company’s overall comparable-store gains, and several more Rack...
Nordstrom posted gains in revenues, comparable sales and adjusted net earnings during a second quarter when the company and the home category got a boost from the company’s annual Anniversary Sale. Net earnings were $122 million, or 72 cents per diluted share, versus...
With the 2024 Nordstrom Anniversary Sale set to begin July 15, the company is encouraging consumers to use its app to explore new arrivals from housewares brands. An early-access sale for Nordstrom loyalty members begins July 9, and the sale continues through August...
As the founding family pursues a buy-out of the company, Nordstrom posted a deeper-than-expected loss in the first quarter, although sales surpassed Wall Street expectations. Nordstrom posted a net loss of $39 million, or 24 cents per diluted share, versus a net loss...
