-
Nordstrom Go-Private Deal Likely, But The Stock Is A Buy Either Way
Wednesday, September 13, 2017 - 11:40am | 397Shares of Nordstrom, Inc. (NYSE: JWN) traded higher by more than 5 percent on Wednesday after a CNBC report suggested the namesake family is closing in on a potential deal with a private equity firm to take the company private. While the likelihood of take-private transaction occurring is "likely"...
-
Fashion Retailer Nordstrom's New Game Plan: Don't Sell Clothes
Wednesday, September 13, 2017 - 8:54am | 391High-end luxury fashion retail giant Nordstrom, Inc. (NYSE: JWN) has a new game-plan to boost sales: Don't sell high-end luxury fashion items. Instead of selling clothes, shoes, accessories and other fashion products, Nordstrom is testing a concept where it will offer stylists, manicurists, a...