Nordstrom Goes Private in $6.25B Family-Led Buyout Deal

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DEC 2024

Above: Shoppers go inside a Nordstrom department store at Fashion Valley, San Diego Calif. on Dec. 13, 2024. Image copyright: Kevin Carter/Contributor/Getty Images News via Getty Images

story last updated JAN 31

The Spin

Narrative A

Taking the company private will allow the Nordstrom family to make necessary long-term investments and strategic changes without public market scrutiny, enabling the business to adapt more effectively to evolving retail challenges.

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Narrative B

In general, department stores face significant headwinds as middle-income shoppers turn to cheaper alternatives like Walmart, Amazon, and off-price chains, while luxury retailers like Nordstrom struggle with changing consumer preferences. It's far from clear if this gambit will pay off.

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