Retail watch: Wave of privacy blows over U.S. department store chains [Seeking Alpha]
Nordstrom, Inc. (JWN)
Last nordstrom, inc. earnings: 3/3 04:05 pm
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Source: Seeking Alpha
Nordstrom's ( NYSE: JWN founding family is renewing a takeover offer, and the retailer has asked investment banks Morgan Stanley and Centerview Partners to reach out to private equity firms to gauge their interest for a potential deal. Meanwhile, Macy's ( NYSE: M ) has decided to open its books to Arkhouse Management and Brigade Capital to allow due diligence that could lead to them raising their $6.6B bid to take the company private, Reuters reported The developments may signal a change in U.S. private equity firms' interest in the retail sector, as investments had accounted for only 7% of the total $2.6T PE deal volume in the last decade, Dealogic data showed, compared to the previous decade's 15% of the total volume of $1.7T. But retailers are still struggling with macro challenges, and have increasingly shuttered stores amid low customer traffic. High inflation has led to budget-conscious consumers cutting back on discretionary spending and shopping at discount retailers su
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JWN
News
- Mach & Mach's CEO on New Pop-Ups, Mini-Me Line Launch [Yahoo! Finance]Yahoo! Finance
- Glancy Prongay & Murray LLP Announces Investigation of Nordstrom, Inc. (JWN)Business Wire
- Spotting Winners: Kohl's (NYSE:KSS) And Department Store Stocks In Q4 [Yahoo! Finance]Yahoo! Finance
- Shuffle Board: Chief People Officer Exits Under Armour, NewStore Names CEO [Yahoo! Finance]Yahoo! Finance
- Nordstrom Anniversary Sale 2024: Everything To Know About This Year's Event [Forbes]Forbes
JWN
Earnings
- 3/5/24 - Beat
JWN
Sec Filings
- 4/25/24 - Form SC
- 4/18/24 - Form 8-K
- 4/18/24 - Form SC
- JWN's page on the SEC website