Nordstrom Family Prepares New Proposal to Increase Stake in Retailer - The Wall Street Journal

Nordstrom Family Prepares New Proposal to Increase Stake in Retailer  The Wall Street Journal

The family behind Nordstrom is seeking to strengthen its grip on the department-store chain following a decline in its shares that has stoked tension on the ...

View full coverage on Google News

Comments

Post a Comment

Popular posts from this blog

$27 billion Autodesk just acquired the Google and Sequoia-backed construction startup PlanGrid (ADSK)

Image
AutoDesk will acquire the construction productivity software startup PlanGrid for $875 million, the company announced Tuesday. AutoDesk , the $27 billion software company best known for its architecture program AutoCAD, will acquired PlanGrid for $875 million, the company announced Tuesday. Founded in 2012, PlanGrid is a GV (formerly Google Ventures) and Sequoia Capital-backed construction productivity tool.  "At PlanGrid, we have a relentless focus on empowering construction workers to build as productively as possible," said Tracy Young, PlanGrid cofounder and CEO. "One of the first steps to improving construction productivity is the adoption of digital workflows with centralized data. PlanGrid has excelled at building beautiful, simple field collaboration software, while Autodesk has focused on connecting design to construction. Together, we can drive greater productivity and predictability on the jobsite," she said. SEE ALSO:  Wall Street thinks these 5...
Read more

One of Amazon's biggest challenges in its early days was solved by an obscure book about lichen

Image
Amazon CEO Jeff Bezos found a "loophole" that allowed him to solve one of the company's early challenges. Booksellers required the company to order at least 10 books at once, but Amazon didn't have that kind of sales volume yet, Brad Stone writes in "The Everything Store." So they ordered the book they needed and nine copies of an obscure book about lichen. Amazon employees also wrote their own reviews of books that customers had ordered. When Amazon first launched, it aimed to become nothing short of the world's largest bookstore. But first, it had to work out some kinks. As Brad Stone writes in his 2013 bestseller " The Everything Store ," Amazon's distribution methods in the early days weren't exactly scientific. The company didn't hold any inventory of its own, and it could take a week or more for Amazon to deliver books to customers. One of the biggest problems Amazon faced, Stone writes, was that book distributors ...
Read more

11 mind-blowing facts about Craigslist, which makes more than $1 billion a year and employs just 50 people

Image
Craigslist is one of the top 20 websites in the US, and generates over $1 billion in revenue. The site's been around since 1999, and now serves 700 cities in 70 countries. Here are 11 surprising facts about one of the most well-known sites on the internet. Visit Business Insider's homepage for more stories. Craigslist is not just one of the largest websites on the internet. It also dates back to the web's earliest days, having gotten its start in 1999, when founder Craig Newmark turned his email newsletter featuring local events in the San Francisco Bay Area into a website. Craigslist now serves 700 cities spread across 70 countries  — all with a site that eschews modern design in favor of a mostly text-based layout that is largely unchanged since the early 2000s.   Here are 11 facts that you might not know about Craigslist, the classified ad marketplace with an archaic site design. SEE ALSO:  The 9 biggest scams to avoid when buying a car on Craigslist DON...
Read more