The sweeping layoffs occurred this week, following the loss of licensing deals from brand management firm Authentic Brands Group.
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The department store retailer notched gains in both its namesake and Nordstrom Rack divisions.
Wildfires rip through the Pacific Palisades, Hollywood Hills, Altadena and Sylmar
What to watch in 2025: Retail centers by Runyon Group and Almquist.
Parisian contemporary label expects cuts of California employees by February.
M&A was alive and well, boutique retail sputtered for some and new kings emerged.
More on the Mexico-based retailer and real estate investor going in with the Nordstrom family to buy the department store chain.
The deal at $24.25 per share would leave the Nordstroms with a majority, 50.1 percent stake.
Erik and Pete Nordstrom, along with other members of the founding family and Mexico-based El Puerto de Liverpool, are offering $23 a share to buy the retailer.
Why he started another lifestyle brand and what the tag line ‘Highest of the Ordinary’ means.