Nordstrom is a leading fashion retailer in the United States, known for its high-quality apparel, footwear, accessories, and home decor
The company operates a chain of department stores and off-price retail locations, providing a diverse selection of products from both established and emerging brands. Nordstrom places a strong emphasis on customer service, offering a personalized shopping experience both in-store and online. Through its commitment to quality and innovation, Nordstrom aims to enhance the shopping experience and build lasting relationships with its customers.
Nordstrom has been treading water for the past six months, recording a small return of 1.3% while holding steady at $24.13. The stock also fell short of the S&P 500’s 6.6% gain during that period.
Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Nordstrom, Inc. (NYSEJWN) to Erik, Pete, Jamie Nordstrom and other members of the Nordstrom family (collectively, the “Nordstrom Family”) and El Puerto de Liverpool, S.A.B. de C.V. for $24.25 in cash per share is fair to Nordstrom shareholders.
Telsey Advisory Group analyst Dana Telsey maintained a Market Perform rating for Nordstrom, setting a $24 price target. While showing strong momentum, Nordstrom faces potential gross margin pressure from competitive strategies.
Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Nordstrom, Inc. (NYSEJWN) to Erik, Pete, Jamie Nordstrom and other members of the Nordstrom family (collectively, the “Nordstrom Family”) and El Puerto de Liverpool, S.A.B. de C.V. Under the terms of the proposed transaction, shareholders of Nordstrom will receive $24.25 in cash for each share of Nordstrom that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.
What has Wall Street been buzzing about this week? Here is a look at the top 5 buy calls and the top 5 sell calls made by Wall Street's best analysts during the trading week of Dec. 30, 2024 through Jan. 3, 2025.
NEW YORK, Jan. 03, 2025 (GLOBE NEWSWIRE) -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:
NEW YORK, Dec. 28, 2024 (GLOBE NEWSWIRE) -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:
Foot traffic data and a consumer survey could highlight Super Saturday shopping trends and winning stocks for one of the largest shopping days of 2024.
Nordstrom, Inc. (NYSEJWN) shares are trading lower. The company on Monday announced that the Nordstrom Family and Liverpool will acquire all outstanding common shares of Nordstrom.
BALA CYNWYD, Pa., Dec. 23, 2024 (GLOBE NEWSWIRE) -- Brodsky & Smith reminds investors of the following investigations. If you own shares and wish to discuss the investigation, contact Jason Brodsky (jbrodsky@brodskysmith.com) or Marc Ackerman (mackerman@brodskysmith.com) at 855-576-4847. There is no cost or financial obligation to you.
Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Nordstrom, Inc. (NYSEJWN) to Erik, Pete, Jamie Nordstrom and other members of the Nordstrom family (collectively, the “Nordstrom Family”) and El Puerto de Liverpool, S.A.B. de C.V. for $24.25 in cash per share is fair to Nordstrom shareholders.
Ademi LLP is investigating Nordstrom (NYSEJWN) for possible breaches of fiduciary duty and other violations of law in its transaction with the Nordstrom Family and Liverpool.
The markets started the week half-asleep, but yesterday, when Fed Chairman Powell took future rate cuts off the table, they woke up terrified and fell right out of bed.
Investors are keeping a close eye on NORDSTROM INC (NYSEJWN) as it boasts an impressive technical rating of 8 out of 10, signaling a possible breakout.
Explore TJX Companies and Ross Stores to see which off-price retail stock offers greater upside in 2025. Analyze their performance and growth potential.
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how Nordstrom (NYSEJWN) and the rest of the general merchandise retail stocks fared in Q3.
Shares of luxury department store chain Nordstrom (NYSEJWN)
fell 11.2% in the morning session after the company reported third-quarter earnings and provided cautious commentary ahead of the holiday season after observing a decline in sales trends towards the end of October. Elevated inventory levels were an issue, particularly in seasonal categories like boots, sweaters, and outerwear, where demand lagged in certain regions.
