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Benzinga
Benzinga
Business
Benzinga Newsdesk

"Weighing Nordstrom's Chances Of Going Private; Since Disclosing Its Intentions On Taking Nordstrom Inc. Private, The Nordstrom Family Has Been Tight-lipped On What Progress Has Been Made" - WWD

https://wwd.com/business-news/financial/nordstroms-chances-going-private-buyout-family-1236746986/#utm_medium=social&utm_source=twitter&utm_campaign=social_bar&utm_term=&utm_content=bottom&utm_id=1236746986

Prospects for the Nordstrom family taking their business private next year look good.

Nordstrom Inc.'s financial results are improving. Executives have done a good job managing expectations. The Fed has cut rates twice this year, and the regulatory environment has loosened up.

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