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The Big Number: $3.8 Billion
Posted inCompany Reports Consumer Behavior Family Business Mergers, Acquisitions and Divestitures Nordstrom Inc Nordstrom, Erik B Shopping and Retail

The Big Number: $3.8 Billion

The amount offered by Nordstrom’s founding family to buy its namesake retailer.
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Posted by By Santul Nerkar
Nordstrom Family Offers $3.8 Billion to Buy Its Namesake Retailer
Posted inMergers, Acquisitions and Divestitures Nordstrom Inc Nordstrom, Erik B Shopping and Retail

Nordstrom Family Offers $3.8 Billion to Buy Its Namesake Retailer

The $23-per-share offer by the department store’s founding family comes as retailers struggle to navigate new shopping trends and costly real estate.
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Posted by By Lauren Hirsch and Jordyn Holman

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