The business will be acquired by members of the family and El Puerto de Liverpool, a Mexican real estate and department store company that has owned a stake in Nordstrom since 2022.
Category: Nordstrom, Erik B
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The Big Number: $3.8 Billion
The amount offered by Nordstrom’s founding family to buy its namesake retailer.
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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.