Nordstrom Contemplates Going Private in Response to Weaker Clothing Demand
Tuesday, 19 March 2024, 18:21
Nordstrom Considers Privatization Amid Weaker Clothing Demand
Shares of Nordstrom Inc. rallied on Tuesday following a report that the department-store chain was looking to go private — the latest effort by a retailer to shake up business after two years of weaker clothing demand.
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