Tag: Nordstrom
Nordstrom family, Liverpool to take company private
Nordstrom, Inc. has announced it has signed a definitive agreement to take the company private in a $6.25 billion transaction.
Under the agreement, Erik, Pete,...
Editorial: Collins’ important new investment
There has been a troubling spate of our region’s biggest businesses announcing job cuts over the past 12 months including Pearson, Transamerica/Aegon, and Nordstrom.
Transamerica/Aegon...
Nordstrom board adopts ‘poison pill’ to fend off potential takeover
In the wake of a Mexican upscale retailer’s move to purchase 9.9% of Nordstrom’s stock, Nordstrom has adopted a “poison pill” strategy to fend...
Nordstrom to lay off more than 200 Cedar Rapids workers
Nordstrom plans to lay off more than 200 workers at its warehouse and distribution center in southwest Cedar Rapids, according to an Iowa Worker...
Nordstrom net earnings, EPS top analysts’ estimates
Nordstrom reported earnings March 1 for the fourth quarter of the 2021 fiscal year that the company said were “in line” with its overall...
Nordstrom third-quarter earnings below estimates, but overall sales jump sharply
Nordstrom, with operations in southwest Cedar Rapids, reported third-quarter earnings that fell substantially below analysts’ estimates, with the apparel retailer saying it needs to...
Future of Retail, Part I: Corridor riding the e-commerce wave
The Nordstrom fulfillment center at 7700 18th St. SW, Cedar Rapids, fills orders from Nordstrom.com, trunkclub.com and Nordstrom in a building with more floor...