Nordstrom Shutters Oregon Store As It Pushes To Go Private
PYMNTS
FEBRUARY 2, 2018
Nordstrom is making the rare move to shut down a full-line department store in Salem, Oregon, a decision that will likely cost about 130 workers their jobs. The switch to a private designation for Nordstrom has been underway since 2017, though the brand ran into hurdles in securing sufficient financing to make the deal happen.
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