The Nordstrom family struck a deal to take their namesake department store chain private. Here's how they built their retail empire.

from Business Insider 2 weeks ago

Nordstrom's leadership—great-grandsons Pete and Erik, alongside cousin Jamie—plans to take the iconic brand private with support from Mexican retailer El Puerto de Liverpool, valuing the company at $6.25 billion.
Business Insiderhttps://www.businessinsider.com/nordstrom-family-how-they-built-department-store-empire-2019-1

The Nordstrom family, linked deeply to their founder John W. Nordstrom, aims to retain control of the legacy by privatizing the department store chain, preserving its storied history and operational aims.
Business Insiderhttps://www.businessinsider.com/nordstrom-family-how-they-built-department-store-empire-2019-1

Read at Business Insider

#retail #nordstrom #privatization #family-business #el-puerto-de-liverpool

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The Nordstrom family struck a deal to take their namesake department store chain private. Here's how they built their retail empire.The Nordstrom family struck a deal to take their namesake department store chain private. Here's how they built their retail empire. Briefly

The Nordstrom family struck a deal to take their namesake department store chain private. Here's how they built their retail empire.
The Nordstrom family struck a deal to take their namesake department store chain private. Here's how they built their retail empire.
Briefly