Nordstrom family members expect to resume their efforts to take the department store private later this year, but challenges to locate the necessary financing still lie ahead, sources tell CNBC. The family group, which owns 31.2 percent of the retailer, last year linked up with private equity firm Leonard Green & Partners to help fund their efforts to take it private.
Holiday sales during November and December jumped 5.5 percent compared to last year, marking the largest largest jump seen since after the end of the Great Recession, the National Retail Federation said on Friday. Total sales were $691.9 billion, exceeding NRF's forecast of between $678.75 billion and $682 billion, which would have been an increase of between 3.6 and 4 percent.
Activist investor D.E. Shaw & Co. has built an active stake in U.S. home retailer Lowe's, sources tell CNBC. The firm is concerned about its performance relative its peers, the sources said. It is not pushing for consolidation with another home retailer at this time. D.E. Shaw declined to comment. Lowe's wasn't immediately available to comment.
Except online sales can be very expensive for retailers (shipping, returns) and they need to be accompanied by a right-sized, profitable brick and mortar footprint. Will be interesting to see how holiday sales growth translated to the bottom line. https://twitter.com/nytimesbusiness/status/952099167106723842
Muck Rack makes it simple to find people, tweets, or articles that mention any name, keyword, company, hashtag etc. We've compiled this guide to help you make the most of your search.
Selecting a term
Start searching tweets, articles from media outlets, articles mentioned in tweets, journalists'
names, titles and bios with some suggested searches:
Companies or Topics (e.g. iPhone, Microsoft)
Phrases (e.g. "cloud computing") — use quotes to keep the terms together
Twitter handles (e.g. @username) — returns those who have mentioned or replied to
Names (e.g. "David Pogue")
Hashtags (e.g. #sxsw, #london2012)
Bio details (e.g. vegan, Olympics, father)
Muck Rack's Advanced Search allows for many boolean operators.
Find results that mention multiple specified terms, use AND or
+. For example, ensure each result contains both Elon Musk and Mark Zuckerberg by
searching Musk AND Zuckerberg or Musk + Zuckerberg.
Use the operators OR or , to broaden your search when you'd like either of
multiple terms to appear in results. (This is the default behavior of our search when no operators
are used). For example, results will contain either cake or cookie by searching cake OR cookie or cake,cookie
Use NOT or - to subtract results from your search. For
example, searching Disney will yield results about the Walt Disney Company as well as Walt Disney
World Resort. To exclude mentions of Disney World, search for Disney -World or Disney
When using one of these operators with a phrase, enclose it in quotation marks. For example, you can
find results about smartphones excluding Apple's iPhone 4S by searching smartphone -"iPhone
Exact case matching or punctuation
If you're searching for a brand name or keyword that relies on specific punctuation marks or capitalization, you can
find results that match your exact query by adding matchcase: before the keyword you're searching for, like matchcase:E*TRADE .
Use parentheses to separate multiple
boolean phrases. For example, to find journalists talking about having fun in Disney World or
Disneyland, search for ("disney world" OR disneyland) AND fun.
An asterisk can be used to search for any variation of a root word truncated by the asterisk. For example, searching for admin* will return results for administrator, administration, administer, administered, etc.
A near operator is an AND operator where you can control the distance between the words. You can vary the distance the near operation uses by adding a forward slash and number (between 0-99) such as strawberries NEAR/10 "whipped cream", which means the strawberries must exist within 10 words of "whipped cream".