After a thorough search, we’re excited to welcome Kelly to the Nordstrom team,” said Erik Nordstrom, co-CEO of Nordstrom, Inc. “She brings three decades of financial leadership experience and a proven ...

Forbes contributors publish independent expert analyses and insights. I cover major developments in the retail industry. My admiration of Nordstrom JWN goes back some 20 or 30 years. I admired how ...

The Nordstrom family has agreed to sell its luxury retail chain to a Mexican department store conglomerate at a deal valued at around $6.25 billion.

Bruce Nordstrom retired from his executive role in 1995 as the third generation handed over leadership to the fourth. He retired as chairman of Nordstrom's board of directors in 2006.

Department-store chain Nordstrom Tuesday boosted the low end of its full-year projections, although its CEO warned that there was a “noticeable decline” in sales trends at the end of last month.

What's New. The Nordstrom department store chain is set to go private after the Nordstrom family announced on Monday that it had made a $6.25 billion deal to buy all remaining shares in the ...

As part of the deal, the Nordstrom family will have majority ownership in the company, with 50.1%, and Liverpool will own 49.9%. Common shareholders will receive $24.25 in cash for each share of ...