Nordstrom department store is closing locations in two cities but is opening one new location. Newsweek has contacted ...

Bennie names Brett Davis as its new CEO. Matt Straz, the organization’s longstanding CEO, transitions to the role of Chairman of the Board.

The Nordstrom family has agreed to sell its luxury retail chain to a Mexican department store conglomerate at a deal valued at around $6.25 billion.

The Nordstrom store inside the Santa Monica Place is shutting down after nearly 15 years at the iconic location.

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 ...

Nordstrom faces a class-action lawsuit alleging the family used influence for a $6.25B buyout, claiming unfair practices in the sale process.

KEY TAKEAWAYS Department-store chain Nordstrom Tuesday boosted the low end of its full-year projections, although its CEO warned that there was a “noticeable decline” in sales trends at the ...

Nordstrom on Monday announced it will become a private company after it agreed to a buyout deal valued at roughly $6.25 billion from Nordstrom’s founding family and Mexican department store El ...

The company operates over 350 locations including Nordstrom, Nordstrom Local, and Nordstrom Rack, along with digital platforms, aiming to provide convenience and a strong service foundation.

Peter and Erik Nordstrom have offered to take the Seattle-based company private for $23 per share, with financial backing from the rest of their family and Mexican department store chain El Puerto ...