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Nordstrom Family Takes Business Private in Bid for Survival / Kelsey Lawrence.
- Format:
- Book
- Author/Creator:
- Lawrence, Kelsey, author.
- Series:
- SAGE business cases.
- SAGE business cases
- Language:
- English
- Subjects (All):
- Nordstrom (Firm)--Case studies.
- Nordstrom (Firm).
- Business planning--Case studies.
- Business planning.
- Physical Description:
- 1 online resource
- Place of Publication:
- Los Angeles, CA : SAGE Publications: SAGE Business Cases Originals, 2025.
- Summary:
- The Nordstrom family has attempted to take its namesake retail company private to navigate the shifting retail landscape, where traditional department stores face declining sales and increased competition from e-commerce giants. After a failed attempt to agree on a purchase price with the board, the family remains committed to finding a solution that would enable Nordstrom to adjust its strategic priorities. Despite challenges, Nordstrom's early investments in digital capabilities and its off-price concept, Nordstrom Rack, have positioned the company for growth even in a time of broader retail struggle. This case examines and asks students to discuss Nordstrom's position on the market in light of the family's strategy.
- Notes:
- Description based on publisher supplied metadata and other sources.
- ISBN:
- 9781071905838
- OCLC:
- 1506776565
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