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flag Nordstrom reports strong holiday sales, plans to go private in a $6.25 billion deal.

flag Nordstrom reported a strong holiday season with a 4.9% rise in net sales and a 5.8% increase in comparable sales, leading to an updated outlook for fiscal 2024, expecting a 1.5% to 2.5% revenue growth. flag The company attributes the success to competitive promotions and product strength. flag Nordstrom also announced plans to go private in a $6.25 billion deal.

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