Activist investor Ryan Cohen is amassing a sizable stake in Nordstrom Inc. JWN and intends to urge the upscale department-store chain to make changes to its board following a steep share-price decline, according to people familiar with the matter.
Cohen,... Activist investor Ryan Cohen is amassing a sizable stake in Nordstrom Inc. JWN and intends to urge the upscale department-store chain to make changes to its board following a steep share-price decline, according to people familiar with the matter.
Interesting news! It'll be interesting to see what changes Ryan Cohen has in store for Nordstrom. Nordstrom RyanCohen
He probably did not get a call from his personal Nordstrom shopper, so he thought this deal may get the message through.
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