Nordstrom is shuffling its leadership ranks. The storied retailer announced today, along with its fourth-quarter financial results, that it has named Erik Nordstrom as sole CEO, with Pete ...

Nordstrom announced Tuesday its 2019 fourth-quarter earnings and changes to its co-president ... Nordstrom now has one CEO Nordstrom named Erik Nordstrom as its sole chief executive officer Tuesday.

Forbes contributors publish independent expert analyses and insights. I cover major developments in the retail industry. My admiration of Nordstrom JWN goes back some 20 or 30 years. I admired how ...

KEY TAKEAWAYS Department-store chain Nordstrom Tuesday boosted the low end of its full-year projections, although its CEO warned that there was a “noticeable decline” in sales trends at the ...

Bruce Nordstrom retired from his executive role in 1995 as the third generation handed over leadership to the fourth. He retired as chairman of Nordstrom's board of directors in 2006.

Nordstrom on Monday announced it will become a private company after it agreed to a buyout deal valued at roughly $6.25 billion from Nordstrom’s founding family and Mexican department store El ...

The Nordstrom family has agreed to sell its luxury retail chain to a Mexican department store conglomerate at a deal valued at around $6.25 billion.

Department-store chain Nordstrom Tuesday boosted the low end of its full-year projections, although its CEO warned that there was a “noticeable decline” in sales trends at the end of last month.