NORDSTROM FAMILY SEALS $6.25 BILLION DEAL TO TAKE RETAILER PRIVATE, MARKING NEW ERA FOR ICONIC DEPARTMENT STORE CHAIN
In a move that marks a significant shift in the retail landscape, the Nordstrom family has successfully secured a $6.25 billion deal to take the iconic department store chain private. The deal, which was proposed in September, will see the Nordstrom family take full ownership of the US retailer, partnering with Mexican retail giant El…