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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


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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