Pete 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 ...

a Seattle shoemaker. The company went public in 1971, about eight years after it expanded into a department store. It has been owned by the Nordstrom family during its entire existence ...

Late last year, the Seattle-based company announced it had accepted a $6.25 billion buyout bid from the Nordstrom family and Mexican retailer El Puerto de Liverpool. That deal is expected to close ...

Members of the Nordstrom family said Monday they reached agreement ... which began as a shoe store in Seattle in 1901. Traditional department stores "have suffered in the face of withering ...

Under the deal, the Nordstrom family will own 50.1% of the Seattle-based retailer, with Liverpool owning the remaining 49.9%. It's expected to close in the first half of 2025. "Nordstrom is one of ...

the Nordstrom family will have a majority ownership stake in the company. Erik and Pete Nordstrom are the fourth-generation leadership at the Seattle retailer, which was founded in 1901 as a shoe ...

the Nordstrom family will have a majority ownership stake in the company. Erik and Pete Nordstrom are the fourth-generation leaders of the Seattle-based retailer, which was founded in 1901 as a ...

the Nordstrom family will have a majority ownership stake in the company. Erik and Pete Nordstrom are the fourth-generation leadership at the Seattle retailer, which was founded in 1901 as a shoe ...