Nordstrom to Go Private in \$6.25 Billion Deal
Nordstrom, founded in 1901, will become a privately held company in a \$6.25 billion deal with the Nordstrom family (50.1%) and El Puerto de Liverpool (49.9%), closing in the first half of 2025; current shareholders will receive \$24.25 per share.
Nordstrom to Go Private in \$6.25 Billion Deal
Nordstrom, founded in 1901, will become a privately held company in a \$6.25 billion deal with the Nordstrom family (50.1%) and El Puerto de Liverpool (49.9%), closing in the first half of 2025; current shareholders will receive \$24.25 per share.
Progress
44% Bias Score
Nordstrom to Go Private in \$4 Billion Deal
Nordstrom, facing declining sales and increased competition, will be acquired by its founding family and Mexican retailer Liverpool for nearly \$4 billion in cash, marking its exit from public markets after 54 years; the deal is expected to close in the first half of 2025.
Nordstrom to Go Private in \$4 Billion Deal
Nordstrom, facing declining sales and increased competition, will be acquired by its founding family and Mexican retailer Liverpool for nearly \$4 billion in cash, marking its exit from public markets after 54 years; the deal is expected to close in the first half of 2025.
Progress
40% Bias Score
Nordstrom to Go Private in \$6.25 Billion Deal
Nordstrom, founded in 1901, agreed to a \$6.25 billion buyout by its founding family and Mexican retailer El Puerto de Liverpool, becoming private in the first half of 2025; shareholders receive \$24.25 per share.
Nordstrom to Go Private in \$6.25 Billion Deal
Nordstrom, founded in 1901, agreed to a \$6.25 billion buyout by its founding family and Mexican retailer El Puerto de Liverpool, becoming private in the first half of 2025; shareholders receive \$24.25 per share.
Progress
44% Bias Score
Build-A-Bear's Transformation: From Decline to Record Profits
Facing decline in 2013, Build-A-Bear Workshop CEO Sharon Price John implemented a strategic transformation, expanding beyond traditional retail, leveraging licensed characters and e-commerce, resulting in the company's three most profitable years by 2023.
Build-A-Bear's Transformation: From Decline to Record Profits
Facing decline in 2013, Build-A-Bear Workshop CEO Sharon Price John implemented a strategic transformation, expanding beyond traditional retail, leveraging licensed characters and e-commerce, resulting in the company's three most profitable years by 2023.
Progress
44% Bias Score
2024 Bankruptcy Wave: Inflation and Shifting Trends Hit Retail Hard
In 2024, decreased consumer spending due to inflation and evolving trends caused at least 19 companies, including Big Lots, Party City, and Red Lobster, to file for bankruptcy, resulting in over 14,000 job losses and more than 7,100 store closures by November.
2024 Bankruptcy Wave: Inflation and Shifting Trends Hit Retail Hard
In 2024, decreased consumer spending due to inflation and evolving trends caused at least 19 companies, including Big Lots, Party City, and Red Lobster, to file for bankruptcy, resulting in over 14,000 job losses and more than 7,100 store closures by November.
Progress
40% Bias Score
Retailers Unite Against Planned Business Rate Hikes
Major British retailers are forming the Retail Jobs Alliance (RJA) to fight planned business rate increases exceeding £500,000, warning of job losses and store closures, especially in deprived areas, contradicting Labour's stated aim to level the playing field between high street and online retailer...
Retailers Unite Against Planned Business Rate Hikes
Major British retailers are forming the Retail Jobs Alliance (RJA) to fight planned business rate increases exceeding £500,000, warning of job losses and store closures, especially in deprived areas, contradicting Labour's stated aim to level the playing field between high street and online retailer...
Progress
60% Bias Score
Container Store Files for Bankruptcy Amid Retail Downturn
The Container Store, facing $230 million in debt and declining sales, filed for Chapter 11 bankruptcy protection on Sunday; the company plans to restructure and remain operational during a 35-day process, receiving $40 million in new financing.
Container Store Files for Bankruptcy Amid Retail Downturn
The Container Store, facing $230 million in debt and declining sales, filed for Chapter 11 bankruptcy protection on Sunday; the company plans to restructure and remain operational during a 35-day process, receiving $40 million in new financing.
Progress
40% Bias Score
Nordstrom to Go Private in $6.25 Billion Deal
The Nordstrom family and Mexican retail group El Puerto de Liverpool will acquire Nordstrom for $6.25 billion, offering shareholders $24.25 per share, a 42% premium, to address challenges from discount chains and other competitors, with the deal expected to close in the first half of 2025.
Nordstrom to Go Private in $6.25 Billion Deal
The Nordstrom family and Mexican retail group El Puerto de Liverpool will acquire Nordstrom for $6.25 billion, offering shareholders $24.25 per share, a 42% premium, to address challenges from discount chains and other competitors, with the deal expected to close in the first half of 2025.
Progress
44% Bias Score
Rhineland-Palatinate Christmas Sales Slightly Below 2021 Levels
Christmas sales in Rhineland-Palatinate in 2022 were slightly below the previous year, with over two-thirds of businesses dissatisfied due to factors like economic uncertainty, the rise of e-commerce and a shift towards smaller, more personalized gifts. The retail association estimates a final turno...
Rhineland-Palatinate Christmas Sales Slightly Below 2021 Levels
Christmas sales in Rhineland-Palatinate in 2022 were slightly below the previous year, with over two-thirds of businesses dissatisfied due to factors like economic uncertainty, the rise of e-commerce and a shift towards smaller, more personalized gifts. The retail association estimates a final turno...
Progress
56% Bias Score
2024 Bankruptcy Wave: Inflation, Shifting Trends Trigger Over 14,000 Job Losses
In 2024, decreased consumer spending due to inflation and evolving trends led to at least 19 company bankruptcies, resulting in over 14,000 job cuts and more than 7,100 store closures, impacting various sectors including retail, restaurants, and home goods.
2024 Bankruptcy Wave: Inflation, Shifting Trends Trigger Over 14,000 Job Losses
In 2024, decreased consumer spending due to inflation and evolving trends led to at least 19 company bankruptcies, resulting in over 14,000 job cuts and more than 7,100 store closures, impacting various sectors including retail, restaurants, and home goods.
Progress
44% Bias Score
Amazon Workers Strike Before Christmas, Causing Minor Shipping Delays
Thousands of Amazon workers are striking in four states during the final weekend before Christmas, potentially causing minor shipping delays for some customers, though Amazon maintains most deliveries will arrive on time.
Amazon Workers Strike Before Christmas, Causing Minor Shipping Delays
Thousands of Amazon workers are striking in four states during the final weekend before Christmas, potentially causing minor shipping delays for some customers, though Amazon maintains most deliveries will arrive on time.
Progress
40% Bias Score
Party City Files for Second Bankruptcy in Less Than Two Years
Party City, the nation's largest party supply chain, filed for Chapter 11 bankruptcy on Saturday, its second in less than two years, after announcing store closures starting February 28th and impacting approximately 12,000 employees; about 95% will be retained through the wind-down process; stores w...
Party City Files for Second Bankruptcy in Less Than Two Years
Party City, the nation's largest party supply chain, filed for Chapter 11 bankruptcy on Saturday, its second in less than two years, after announcing store closures starting February 28th and impacting approximately 12,000 employees; about 95% will be retained through the wind-down process; stores w...
Progress
36% Bias Score