Nordstrom family to take chain private in $6.25 billion deal

The Nordstrom family is joining forces with a Mexican retailer to take its namesake department store private in an all-cash transaction valued at about $6.25 billion, including debt. The founding family is betting that the century-old retail chain will be more successful without the scrutiny and demands of the public... read full story

"On behalf of my family, we look forward to working with our teams to ensure Nordstrom thrives long into the future,"