Nordstrom Inc. has accepted a bid valued at $6.25 billion from the Nordstrom family and Mexican retailer El Puerto de Liverpool to take the company private.

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Nordstrom Inc. has accepted a bid valued at $6.25 billion from the Nordstrom family and Mexican retailer El Puerto de Liverpool to take the company private.
With the Saks Fifth Avenue-Neiman Marcus Group merger complete, Neiman Marcus is likely to experience the greater disruptions to its business and corporate culture.
A global survey among 12,000 luxury retail employees finds widespread job dissatisfaction. So much so that over half are planning to leave their current employer.
In its rebranding, Jaguar tries to speak a progressive language of luxury but it got lost in translation.
Saks has canceled its holiday light show in a decision that it will regret. It will also miss making the most of Fifth Avenue Association’s 200th anniversary.