Department store chain Nordstrom will be acquired by its founding family and Mexican retailer Liverpool for $4 billion in an all-cash deal, going private at a time when high-end retailers are struggling with slower consumer demand.
Read More Nordstrom Goes Private In New Deal, Acquired By Nordstrom Family And Mexican Retail Group
Target raised its full-year profit forecast on Wednesday and reported its first increase in quarterly comparable sales in over a year.
Read More Target raises 2024 profit forecast as price cuts draw shoppers
An investor group consisting of Arkhouse Management and Brigade Capital has made a $5.8 billion offer to take department store chain Macy’s private.
Read More Macy’s investors mount $5.8 billion buyout bid
Shocking video captured a mob of robbers inside a very popular mall in Los Angeles.
Read More L.A.: Video Captures Mob Of Criminals Robbing Nordstrom