Nordstrom closes books on 53 years as public company

DEC 23, 20248 MIN
Wall Street Breakfast

Nordstrom closes books on 53 years as public company

DEC 23, 20248 MIN

Description

The department store chain accepts at <a href="https://seekingalpha.com/news/4389957-nordstrom-accepts-625b-buyout-offer-to-end-its-53-year-run-as-a-publicly-traded-company?source=wsb_podcast:nordstrom_closes_books_on_53_years_as_public_company" target="_blank" rel="noreferrer noopener">$6.5B buyout</a> offer. (0:16) The Container Store files for <a href="https://seekingalpha.com/news/4389840-the-container-store-files-for-bankruptcy-after-46-years-in-business?source=wsb_podcast:nordstrom_closes_books_on_53_years_as_public_company" target="_blank" rel="noreferrer noopener">Chapter 11</a>. (1:15) U.K. looks to <a href="https://seekingalpha.com/news/4389664-uk-ofcom-facial-recognition-tech-kids-social-media?source=wsb_podcast:nordstrom_closes_books_on_53_years_as_public_company" target="_blank" rel="noreferrer noopener">facial recognition</a> to limit social media use. (4:46)<br /><br />Show Notes<br /><a href="https://seekingalpha.com/news/4389568-materials-software-stocks-are-best-poised-for-h1-outperformance-goldman-sachs?source=wsb_podcast:nordstrom_closes_books_on_53_years_as_public_company" target="_blank" rel="noreferrer noopener">Materials, software stocks are best poised for H1 outperformance</a><br /><a href="https://seekingalpha.com/news/4390087-consumer-confidence-falls-less-than-expected-in-december?source=wsb_podcast:nordstrom_closes_books_on_53_years_as_public_company" target="_blank" rel="noreferrer noopener">Consumer confidence slides</a><br /><br />Find out more about Seeking Alpha's Virtual Analyst Reports <a href="https://seekingalpha.com/article/4732820-virtual-analyst-report" target="_blank" rel="noreferrer noopener">here</a>.