Browsing: Nordstrom

Nordstrom’s .25 billion deal to go private is paying off—and don’t expect an IPO anytime soon

Nordstrom’s $6.25 billion deal to go private is paying off—and don’t expect an IPO anytime soon

By Press Room31 March 2026

When Nordstrom went private last year, the move was seen by industry analysts as a way to let the founding…

Nordstrom hires the ‘Michael Jordan of personal styling,’ Catherine Bloom, as its first director of luxury styling

Nordstrom hires the ‘Michael Jordan of personal styling,’ Catherine Bloom, as its first director of luxury styling

By Press Room19 February 2025

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Are customers too good at being loyal? Nordstrom’s famous rewards program is losing the company money as shoppers cash in

Are customers too good at being loyal? Nordstrom’s famous rewards program is losing the company money as shoppers cash in

By Press Room5 June 2024

Members of Nordstrom’s popular Nordy Club have accumulated so many loyalty points and redeemed so many rewards that it’s impacting…

The rise of Bruce Nordstrom, who once swept the floors of his grandfather’s shoe stores for 25 cents an hour—and climbed the ranks to build a multibillion-dollar retail empire

The rise of Bruce Nordstrom, who once swept the floors of his grandfather’s shoe stores for 25 cents an hour—and climbed the ranks to build a multibillion-dollar retail empire

By Press Room22 May 2024

Bruce Nordstrom, whose grandfather launched the very first Nordstrom stores over a century ago, died Saturday at age 90. His…

Nordstrom family eyes go-private deal for ailing retailer—again

Nordstrom family eyes go-private deal for ailing retailer—again

By Press Room19 April 2024

Nordstrom Inc.’s founding family has notified the board of its interest in taking the company private. The department-store chain formed…