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Nordstrom’s doing better than most retailers — so why is it struggling to find a buyer?

Jed Kim Aug 10, 2017
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Nordstrom’s doing better than most retailers — so why is it struggling to find a buyer?

Jed Kim Aug 10, 2017
HTML EMBED:
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Earnings for Nordstrom are expected later today. The retailer announced back in June that it was considering becoming a private company again. Buying out shareholders takes a lot of financing, and the company appears to be having a tough time getting formal talks going with potential investors. But that may not be such a bad thing for the retailer. 

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