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.

Nordstrom raised its full-year sales outlook after holiday spending came in better than expected at its website and stores. Yet the department store operator stuck by its profit outlook. CEO Erik ...

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 company alongside ...

GET FOX BUSINESS ON THE GO BY CLICKING HERE The Nordstrom family, including CEO Erik Nordstrom, CBO Pete Nordstrom and others, and El Puerto de Liverpool will pay $24.25 per share to acquire the ...

Following the deal, Nordstrom's common stock will be delisted from public markets. Nordstrom CEO Erik Nordstrom said: “For over a century, Nordstrom has operated with a foundational principle of ...

In an effort to take Nordstrom private, a deal with El Puerto de Liverpool will include the assumption of over $2 billion in Nordstrom's debt.

Nordstrom will become a private company after it agreed to a buyout deal valued at $6.25 billion from Nordstrom's founding family and Mexican retailer El Puerto de Liverpool. Common shareholders ...

6:33 PM ESTRetailing Why Seattle is good for business — with Nordstrom CEO Erik Nordstrom, Tableau’s Taha Ebrahimi, and Seattle Bank’s Josh Williams Why Seattle is good for business — with ...

Nordstrom, Inc. is reporting a total company net sales increase of 4.9 percent and a comparable sales increase of 5.8 percent ...

Founded in 1901 as a shoe store, CEO Erik Nordstrom and Chief Brand Officer Pete Nordstrom helm the fourth-generation-led business. El Puerto de Liverpool operates more than 300 stores and an e ...