Nordstrom CEO Erik Nordstrom and President Pete Nordstrom have told the retailer’s board that they’re interested in taking the company private. As a result, the board has formed a special committee of independent and disinterested directors that will evaluate any proposals from those executives and from other parties, the company...
Nine years after taking its high-end brand north of the border, luxury retailer Nordstrom says it will now shutter all 13 of its Canadian locations to shift focus on revamping its struggling off-price Rack division. “We entered Canada in 2014 because we believed it presented...
April 18, 2024
Nordstrom CEO Erik Nordstrom and President Pete Nordstrom have told the retailer’s board that they’re interested in taking the company private. As a result, the board has formed a special committee of independent and disinterested directors that will evaluate any proposals from those executives and from other parties, the company said in a Thursday (April 18) press release. The CEO […]
