Around the Net
Nordstrom Considers Taking Company Private
- Bloomberg, Monday, June 12, 2017 8 AM
Nordstrom Inc. shareholders are applauding a plan by its founding family considering taking the department-store chain private. But there are few recent examples of retail buyouts that went smoothly, raising questions about how the family could raise sufficient funds to execute a deal – and whether it should even try. Like other retailers, Nordstrom has seen sales stall in recent quarters. But it’s in better shape than many chains.
