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Century-old department store Nordstrom has agreed to be acquired and taken private by Nordstrom family members and a Mexican retail group in a $6.25 billion deal with the industry being squeezed ...
Nordstrom was unable to go private in 2017 due to the retail apocalypse. [226] On May 4, 2020, Nordstrom announced that it would shutter sixteen locations. [227] On March 3, 2023, Nordstrom announced that it would close all of its Canadian full-line and Nordstrom Rack stores by June 13, 2023. [228]
It was part of the Arcadia Group, controlled by Sir Philip Green, but went into administration in late 2020 before being purchased by ASOS on 1 February 2021. It now operates via the ASOS website and app, as well as being sold in Nordstrom stores in the US on Nordstrom.com. TOPSHOP previously had around 510 shops worldwide.
In 1995, Nordstrom opened their first store location in New York State. [23] It is located at The Westchester, an upscale shopping mall in White Plains, New York, a suburb of New York City. Nordstrom has since opened stores at Roosevelt Field in Garden City, New York in 1997, [24] and Manhattan in 2019. [25]
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Edward Wren Co. (Springfield), also was known as Wren's, sold to Allied Stores in 1952, merged with & rebranded as William H. Block Co. (Indianapolis) in 1984, closed 1987 [421] [422] [423] Zayre was a chain of discount stores that operated in the eastern half of the United States from 1956 to 1990, later sold to Ames (store)
The Seattle-based retailer is adding 21 Indochino shops in its stores around the country that will offer personalized suits, shirts, chinos and outerwear at an affordable price point.