retail trade

Latest news and articles about retail trade from NEX English

Nordstrom Sales Return to 2019 Levels After $6.25 Billion Deal

Reports indicate that Nordstrom's sales have returned to pre-pandemic levels following a $6.25 billion private equity deal completed less than a year ago. This transaction transformed Nordstrom into a private company, significantly boosting its revenues.

Next Faces Increased Costs Due to Middle East Conflict

British retailer Next has announced that the ongoing conflict in the Middle East will cost the company approximately <strong>£15 million</strong>, negatively impacting its profit forecasts. This announcement comes as the company seeks to enhance its financial performance.