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M&A News: Founding Family Considers Taking Nordstrom (NYSE:JWN) Private
Nordstrom (NYSE:JWN) shares finished 4.4% higher after reports suggested that the founding family might consider a new buyout bid. According to a
Nordstrom confirms it’s looking to go private, with founding family interested in deal
Nordstrom Inc. has formed a special committee of independent directors to explore going private, the company said on Thursday — a move that arrives
Founding Family Members Want to Take Nordstrom Private
The move by CEO Erik Nordstrom and President Pete Nordstrom comes at a time when department store chains across the U.S. are grappling with weak sales as sticky inflation and elevated borrowing costs have led customers to rethink their discretionary spending.
Nordstrom Establishes Special Committee Amid Founding Family's Privatization Proposal
Nordstrom Inc.'s (JWN) founding family has notified the board of its interest in taking the company private. The company formed a
Nordstrom gains amid report of renewed takeover interest from founding family
Nordstrom (NYSE:JWN) rose 5.4% after another report that the founding family of the department store chain evaluating a renewed takeover offer. Erik Nordstrom and Pete Nordstrom -- the company's CEO executive officer and president,
22h
on MSN
7 Stocks That Could Be Heading Six-Feet Under
If you’re wondering what stocks to sell this quarter, you’re in the right place. Nothing lasts forever, not even stocks.
3d
The Top 3 Retail Stocks to Buy in April 2024
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Retail stocks can be a good place to allocate capital during times of market ...
10d
Why Nordstrom (JWN) Shares Are Falling Today
Shares of luxury department store chain Nordstrom (NYSE:JWN) fell 6.7% in the afternoon session as the major indices declined ...
1d
on MSN
A new wave of e-commerce disruption could close 45,000 retail stores over the next five years, analysts say
The analysts predict that around 45,000 retail stores will close over the next five years, as online shopping and larger ...
6d
Breaking Down Nordstrom: 10 Analysts Share Their Views
Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $17.9, with a high ...
8d
Macy's: A Sell On Rising Credit Card Delinquencies
Rising credit card delinquencies pose a significant risk to Macy's. Click here to read why M shareholders should prepare for ...
7d
Nordstrom Stock Pops After Journal Reports Possible Take-Private Bid
Shares of Nordstrom rose late Thursday after the Journal reported that members of the company that founded the retailer are ...
WKXW
21h
Hobby Lobby to open another New Jersey store
According to an industry website, Costar, Oklahoma City, Oklahoma-based Hobby Lobby will be occupying 180 Route 10 in East ...
16d
on MSN
The secular headwinds continue for the department store sector
Fitch Ratings expresses caution on department stores' ability to defend market share and profitably operate. Kohl's and ...
4d
Spotting Winners: Kohl's (NYSE:KSS) And Department Store Stocks In Q4
Let's dig into the relative performance of Kohl's (NYSE:KSS) and its peers as we unravel the now-completed Q4 department ...
6d
Analysts Offer Insights on Consumer Cyclical Companies: Ethan Allen (ETD) and Nordstrom (JWN)
Analysts fell to the sidelines weighing in on Ethan Allen (ETD – Research Report) and Nordstrom (JWN – Research Report) with neutral ratings, ...
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