Exclusive: Nordstrom’s founding family in new bid to take US retailer private

NEW YORK, March 19 (Reuters) – The founding family behind Nordstrom Inc (JWN.N), opens new tab is seeking to take the U.S. department store operator private, six years after a similar attempt proved unsuccessful, people familiar with the matter said on Tuesday.

The deal deliberations come as Nordstrom and other U.S. retailers grapple with consumers curbing their discretionary spending following a bout of inflation and high interest rates. Macy’s Inc (M.N), opens new tab, another department store operator, has also become a takeover target. Read more at Reuters.