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Nordstrom sweetens terms to attract potential equity partners
Nordstrom is offering a deal to potential equity partners willing to fund a buyout. The group of Nordstrom Inc. family members seeking to take the luxury department store chain private is offering preferential terms to potential equity partners willing to fund the buyout, according to Reuters. The group involved in the negotiations are company co-presidents Blake W. Nordstrom, Peter E. Nordstrom, and Erik B. Nordstrom; president of stores James F. Nordstrom; chairman emeritus Bruce A. Nordstrom; and Anne E. Gittinger. -
Online giant’s new delivery system targets apartment dwellers
Amazon’s new delivery system makes a play for a customer segment initially targeted by Walmart’s e-commerce arm. The online giant introduced a new delivery locker designed for apartment blocks and other housing complexes that may not have services to accept or store packages. Called The Hub by Amazon, the modular system features compartments where packages can be stored for pickup.

