El Puerto de Liverpool

Why Nordstrom Is Going Private In $6.25 Billion Deal With Its Family And Mexican Retail Giant

Nordstrom, the hundred-year-old retailer, will be going private in a $6.25 billion deal between the Nordstrom family and the Mexican retail conglomerate El Puerto de Liverpool. This reflects how things have not been very smooth for the departmental stores with challenges such as the competition between discount stores and online...