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