Typically, at this time of year, you might expect retailers to take big breaths and brace themselves for returns season. Not in the last quarter of 2024.
Nordstrom announced it would go private, with the founding family and El Puerto de Liverpool to buy all outstanding shares, a deal process that started early this year. Companies often look to go private when management feels that they can’t take necessary strategies in the public eye.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
