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Bookmark or Share- The Nordstrom family is taking back control of its store in a ...Nordstrom, the upscale department store chain, is going private in a $6.25 billion deal with its founding family. The retailer announced Monday that the family — Erik, Pete and Jamie Nordstrom ...
- Nordstrom Family Buys Back Retailer At $6.25 Billion ValuationThe agreement gives Nordstrom an enterprise valuation of $6.25 billion. Morgan Stanley advised a special committee of Nordstrom’s board of directors evaluating the deal, which the company ...
- Nordstrom to be acquired by Nordstrom family and a Mexican ...Erik and Pete Nordstrom are the fourth-generation leaders of the Seattle-based retailer, which was founded in 1901 as a shoe store. Erik is the company’s chief executive and Peter is president. Nordstrom shares fell about 1.5% in premarket trading, to $24.16 per share. Shares are up about 34% so far in 2024.
- Nordstrom to Be Acquired by Nordstrom Family and LiverpoolSEATTLE, Dec. 23, 2024 /PRNewswire/ -- Nordstrom, Inc. (NYSE: JWN) today announced it has signed a definitive agreement under which Erik, Pete, Jamie Nordstrom and other members of the Nordstrom ...
- Pete Nordstrom | BoF 500 | The People Shaping the Global ...A fourth generation member of the Nordstrom family, Pete Nordstrom has served as executive vice president of Nordstrom Inc. since 2000 and as president of the store’s merchandising department since 2006, before being appointed as co-president in 2015.
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