- Joined
- Dec 29, 2015
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- Olympia Wa
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I have not been inside a department store in years, and the ones which remain likely will not be here for long. The long agreed best of breed Nordstrom has been in free fall like the rest, the family wanted to try to save it by taking it private again, but could not find any bankers who believe in the project enough to give them a payable interest rate.
https://www.bloomberg.com/news/arti...emanded-interest-rate-the-family-couldn-t-pay
https://www.bloomberg.com/news/arti...emanded-interest-rate-the-family-couldn-t-pay