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Retail

Nordstrom’s threat to go private may stave off competitors

June 9, 2017

Nordstrom has been public since 1971, but this may be changing. Image credit: Nordstrom Nordstrom's threat to go private may stave off competitors' IPOs

 

By Danny Parisi

Department store chain Nordstrom's family members have announced that they are exploring the possibility of returning the corporation to a private business in an effort to stave off stiff competition from Amazon and other online retailers.

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  1. Brioni launches anniversary capsule at Bergdorf Goodman
  2. In conversation with Hong Kong property and hotel mogul Adrian Cheng
  3. Dior dives into French Riviera with escapist fragrance
  4. Veuve Clicquot debuts après-ski activations
  5. Dior, Rizzoli to release book on Lady Art project
  6. US luxury car market expected to double in next decade: BCG
  7. Savannah College of Art and Design debuts SCAD LUXE research center
  8. Piaget fetes sixth year of USPA Gold Cup sponsorship with new timepiece
  9. Fendi pays homage to artist with playful puppet fall campaign
  10. Audi propels Santa into the future with electric sleigh
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