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Retail

Nordstrom Rack to open a new store in Florida

Seattle-based department store chain Nordstrom, Inc. is set to open a new Nordstrom Rack store in Pompano Beach, Florida, come fall 2026. The expansion is part of the company’s broader efforts to grow its presence and market share in the region. "We look forward to being a part of the Pompano Beach community and serving our customers with an...

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Business

Nordstrom shareholders approve merger proposal

Shareholders of Nordstrom have approved of the US department store’s proposal to go private. The shift will come as part of a merger agreement between Navy Acquisition Co. and Delaware-based Norse Holdings, under which Nordstrom will operate as a wholly owned subsidiary. The matter was voted on during a Special Meeting of shareholders, for which...

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