Nordstrom Inc (JWN) News & Events

$24.660

+0.020 (+0.08%)At close

JWN News

5.005-13Globenewswire

Rent the Runway CEO Jennifer Hyman Steps Down, Teri Bariquit Appointed Interim CEO

5.005-13Newsfilter

Co-Founder Jennifer Hyman Steps Down as CEO of Rent the Runway

8.503-24Newsfilter

OpenAI Launches New Shopping Experience in ChatGPT

7.503-24CNBC

OpenAI Launches New Shopping Experience in ChatGPT

4.502-23Yahoo Finance

Nordstrom Invests in Tailoring Training Program

4.512-25Yahoo Finance

Major Grocery Stores Closed on Christmas Day, Convenience Stores Open

8.510-24Yahoo Finance

Discount retailer shuts down stores in metropolitan region

7.508-04Yahoo Finance

Bringing Beauty Home

5.006-09PRnewswire

Nordstrom Rack to Open New Location in Suwanee, GA

5.006-09PRnewswire

Nordstrom Rack to Open New Location in Flower Mound, TX

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JWN Events

1/14 06:00

Saks Global Files for Bankruptcy Protection, Secures $1.75B Financing

Saks Global, the parent of Saks Fifth Avenue and Neiman Marcus, has filed for bankruptcy protection, The Wall Street Journal's Suzanne Kapner and Becky Yerak report. Former Neiman Marcus CEO Geoffroy van Raemdonck has been selected to lead Saks through bankruptcy as its CEO, effective immediately, according to the report, which adds that Saks has secured roughly $1.75B in financing for the process. Publicly traded companies in the space include Macy's (M), Kohl's (KSS), Dillard's (DDS).

5/22 04:55

Pegasystems to replace Nordstrom in S&P 400 at open on 5/22

The Nordstrom family and El Puerto de Liverpool S.A.B. de C.V. are acquiring Nordstrom in a deal expected to be completed on May 20.

5/20 12:47

Nordstrom announces completion of acquisition by Nordstrom family, Liverpool

Nordstrom announced that Erik, Pete, Jamie Nordstrom and other members of the Nordstrom family and El Puerto de Liverpool, S.A.B. de C.V. have completed their all-cash acquisition of Nordstrom for $24.25 per share. Shareholders of the company will also be paid cash dividends of 25c per share and 14.62c per share, reflecting the special cash dividend and a "stub period" quarterly dividend. With the completion of the transaction, Erik and Pete Nordstrom will lead the company as Co-CEOs. Nordstrom common stock will cease trading prior to the opening of the New York Stock Exchange on May 21, 2025 and will be delisted from the NYSE as of May 21, 2025.

5/19 17:17

Pegasystems to replace Nordstrom in S&P 400 at open on 5/22

The Nordstrom family and El Puerto de Liverpool S.A.B. de C.V. are acquiring Nordstrom in a deal expected to be completed on May 20.

3/4 08:45

Starbucks names Cathy Smith as CFO, succeeding Rachel Ruggeri

In a regulatory filing, Starbucks (SBUX) disclosed that On March 4, Starbucks announced the appointment of Cathy Smith as executive vice president, CFO and designated Smith as the company's principal financial officer and principal accounting officer, effective, in each case, as of a date to be determined. Smith joins Starbucks from Nordstrom (JWN) where she has served as executive vice president, CFO and treasurer since 2023. From 2020 to 2023, Smith served as chief financial and administrative officer for Bright Health Group. From 2015 to 2020, Smith served as the CFO for Target (TGT. On March 4, the company also announced that Rachel Ruggeri would no longer serve as the company's executive vice president, CFO and principal financial officer and principal accounting officer, effective, in each case, as of a date to be determined. Ruggeri's separation from the company meets the conditions of the "without cause" provisions of the company's Executive Severance and Change in Control Plan for purposes of all plan benefits thereunder.

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