From a small shoe store back in 1901, Nordstrom is now the world’s retail giant that has been able to sustain such a legacy. It started as a footwear retailer established by John W. Nordstrom and Carl F. Wallin in Seattle, but it evolved into being the largest independent shoe retailer in the U.S. under John’s three sons. This growth paved the way for the eventual establishment of a high-end fashion destination that, above all, was a place of quality and excellent service. The Nordstrom family played a significant role in expanding the business with the passing of generations. In the 1970s, the company established clothing and accessories, making it a comprehensive and full-fledged fashion retailer. The third generation took the company public in 1971. They then established Nordstrom Rack in 1973 as a clearance outlet. This made it easier for Nordstrom to access more customers than before, therefore expanding much more broadly. The fourth generation of Nordstrom leadership further transformed the brand by embracing e-commerce, propelling Nordstrom into the digital age and ensuring its competitiveness in an increasingly online-driven retail landscape. Today, Nordstrom’s annual sales exceed $13.1 billion, as reported by Forbes, solidifying its place as one of the top retailers in the world. Family’s Role In $6.25 Billion Acquisition Deal In a shocking move, Nordstrom has agreed to be taken private in a $6.25 billion deal involving the Nordstrom family and a Mexican retail group. This acquisition comes at a time when traditional department stores like Nordstrom are facing increasing challenges from discount retailers and e-commerce giants. The decision to privatize Nordstrom comes at a time when public companies are under greater scrutiny. By going private, the Nordstrom family hopes to regain greater control and flexibility to restructure and adapt to a changing retail environment. This is seen as an effort to give the brand a fresh start, free from the pressures of quarterly earnings reports and shareholder demands. According to the Associated Press, Nordstrom shareholders will be given $24.25 in cash for every share, which amounts to about $4 billion. This offer translates to a 42% premium over the value of the company’s stock at March 18, when the potential acquisition news was announced. The deal also includes the assumption of more than $2 billion in Nordstrom’s debt. In a retail world increasingly dominated by Amazon, Walmart, and fast-fashion brands, traditional department stores like Nordstrom have struggled to maintain their foothold. This acquisition could provide the company with the opportunity to regain market share and develop a more agile, competitive business model for the future. Nordstrom Family Legacy The Nordstrom family has always been at the heart of the brand’s growth since its humble beginnings as a small shoe shop and eventually into the retail powerhouse that it is today. Erik and Pete Nordstrom, fourth-generation members of the family, have guided the company through growth and transition. As the company looks into this new chapter, the influence of the Nordstrom family will remain central to its future. ALSO READ | Why Nordstrom Is Going Private In $6.25 Billion Deal With Its Family And Mexican Retail GiantColts and Lions square off with Anthony Richardson out to prove himself againBillionaire’s shock presidential claim
The Director-General of the Lagos State Sports Commission, Lekan Fatodu, has described the maiden edition of the Capital City Race as one of many mini-marathons aimed at promoting a healthy lifestyle among the residents. Speaking at the finish line at the weekend in Lagos, Fatodu highlighted the positive impacts of the race on the well-being of participants and its contribution to the socio-economic development of the state. He emphasised that the event provides a platform for local runners to compete among themselves, ensuring no one is left behind. Fatodu affirmed that the initiative would cater to every community in Lagos, aligning with the inclusivity mantra championed by Governor Babajide Sanwo-Olu’s administration. Fatodu added that it meaningfully contributes to improving public health while fostering healthy competition among long-distance runners. In his remarks, the Director-General of the National Sports Commission, Bukola Olopade, commended the Lagos State government and the Lagos State Sports Commission for creating an enabling environment for long-distance runners to showcase their talents without any obstacles. Olopade pledged more support from the National Sports Commission (NSC), adding that there would be a sustainable and symbiotic relationship to further enhance the growth of sports in Lagos State. The convener, Dapo Ajayi, expressed gratitude for the impressive turnout of runners and thanked the state government for its unwavering support and commitment to promoting a healthy lifestyle. In the male category, Gyang James Boyi crossed the ribbon with a time of 30:95s, followed by Sadjo Ismael 32:00s and Emmanuel Dung Iliya, 32:15s. Meanwhile, in the female category,Abiye David finished with 37:27s ; Yimulnen Nicholas 37:47s and Goar Grace 39:02s finished second and third respectively.Ireland rookies impress in big win as Fiji dominated 52-17
Israeli airstrike kills 16 in central Beirut; Hezbollah denies being target
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No. 2 Ohio State takes control in the 2nd half and runs over No. 5 Indiana 38-15 COLUMBUS, Ohio (AP) — Will Howard passed for two touchdowns and rushed for another, TreVeyon Henderson ran for a score and No. 2 Ohio State beat previously undefeated No. 5 Indiana 38-15. All Ohio State has to do now is beat Michigan at home next Saturday and it will earn a return to the Big Ten championship game for the first time since 2020 and get a rematch with No. 1 Oregon. The Ducks beat Ohio State 32-31 in a wild one back on Oct. 12. Man City routed 4-0 by Tottenham in fifth-straight defeat as crisis deepens for Pep Guardiola What started as an evening of celebration for Manchester City ended with the four-time defending Premier League champion falling to a fifth-straight loss in all competitions and facing a deepening crisis in a season that is threatening to unravel. A 4-0 defeat to Tottenham left City five points behind league leader Liverpool, having played a game more. Two goals from James Maddison inside 20 minutes at the Etihad Stadium stunned the home crowd. Pedro Porro scored a third for Tottenham after halftime. Brennan Johnson added a fourth in the third minute of stoppage time. City manager Pep Guardiola signed a two-year contract extension this week. Chelsea, Arsenal and Brighton all won and closed the gap on Liverpool to six points. Florida knocks No. 9 Ole Miss out of College Football Playoff contention, 24-17 in the Swamp GAINESVILLE, Fla. (AP) — DJ Lagway threw two touchdown passes, Montrell Johnson ran for 127 yards and a score, and Florida upset No. 9 Mississippi 24-17 on Saturday to knock the Rebels out of College Football Playoff contention. The Gators beat ranked teams in consecutive weeks for the first time since 2008 and became bowl eligible. The late-season spurt provided another vote of confidence for coach Billy Napier, who is expected back for a fourth season. Ole Miss lost for the first time in four games and surely will drop out of the 12-team playoff picture. Jennings has 3 TDs as No. 13 SMU routs Virginia 33-7 to clinch a spot in the ACC title game CHARLOTTESVILLE, Va. (AP) — Kevin Jennings threw for a career-high 323 yards and two touchdowns and ran for another, and No. 13 SMU clinched a spot in the Atlantic Coast Conference championship game by routing Virginia 33-7. Isaiah Smith and Jared Harrison-Hunte each had two sacks to help the Mustangs extend their winning streak to eight. They would earn an automatic bid into the expanded College Football Playoff by beating 11th-ranked Miami or 17th-ranked Clemson in the ACC title game on Dec. 7 in Charlotte, North Carolina. UVa must beat rival Virginia Tech next week to become bowl eligible. No. 11 Miami pulls away late to beat Wake Forest 42-14 and move one win from the ACC title game MIAMI GARDENS, Fla. (AP) — Cam Ward passed for 280 yards and threw two touchdowns to Jacolby George on another record-breaking day, Mishael Powell ran an interception back 76 yards for a touchdown and No. 11 Miami pulled away late to beat Wake Forest 42-14. The 10-1 Hurricanes can clinch a berth in the ACC title game with a win at Syracuse next weekend. Ward completed 27 of 38 passes, plus ran for a score. Demond Claiborne had a 100-yard kickoff return for a touchdown for 4-7 Wake Forest. No. 24 Illinois stuns Rutgers on Bryant's 40-yard TD reception with 4 seconds left PISCATAWAY, N.J. (AP) — Luke Altmyer found Pat Bryant for a catch-and-run, 40-yard touchdown pass with 4 seconds left, sending No. 24 Illinois to a wild 38-31 victory over Rutgers. Illinois was down 31-30 when it sent long kicker Ethan Moczulski out for a desperation 58-yard field goal with 14 seconds to go. Rutgers coach Greg Schiano then called for a timeout right before Moczulski’s attempt was wide left and about 15 yards short. After the missed field goal was waved off by the timeout, Illinois coach Bret Bielema sent his offense back on the field. Altmyer hit Bryant on an in cut on the left side at the 22, and he continued across the field and scored untouched. Same glitz and glamour for the Las Vegas Grand Prix, and perhaps another Verstappen championship LAS VEGAS (AP) — Max Verstappen returned to the Las Vegas Grand Prix as the defending winner of the Sin City spectacle and a fourth consecutive Formula 1 championship well within his reach. The Dutchman needed only to finish Saturday night’s race ahead of Lando Norris of McLaren to make it four straight for the Red Bull driver. Verstappen starts fifth and Norris is sixth. Norris can additionally lose the title if he fails to outscore Verstappen by three points on the neon-lit street circuit that zips down the famed Las Vegas Strip. The race is back for a second year and again promoted by Liberty Media, the commercial rights holder of F1. Hidalgo leads No. 6 Notre Dame over JuJu Watkins and third-ranked USC 74-61 in big matchup out West LOS ANGELES (AP) — Hannah Hidalgo scored 24 points and No. 6 Notre Dame defeated JuJu Watkins and third-ranked Southern California 74-61 in a marquee matchup on the West Coast. Hidalgo had six rebounds and eight assists in front of several WNBA scouts. Olivia Miles added 20 points for the Fighting Irish, who improved to 5-0. Watkins finished with 24 points, six rebounds and five assists for the Trojans, who fell to 4-1. The Irish came out strong, taking a 20-10 lead in the first quarter, when Hidalgo had 11 points. They never looked back and stayed poised when USC came within three points three different times. Andy Murray will coach Novak Djokovic through the Australian Open Recently retired Andy Murray will team up with Novak Djokovic, working with him as a coach through the Australian Open in January. Murray’s representatives put out statements from both players on Saturday. Djokovic is a 24-time Grand Slam champion who has spent more weeks at No. 1 than any other player in tennis history. Murray won three major trophies and two Olympic singles gold medals who finished 2016 atop the ATP rankings. He retired as a player after the Paris Summer Games in August. Argentina's Racing wins its first Copa Sudamericana championship by beating Brazil's Cruzeiro 3-1 ASUNCION, Paraguay (AP) — Gaston Martirena and Adrian Martinez scored first-half goals as Argentina’s Racing won its first Copa Sudamericana championship by beating Brazil’s Cruzeiro 3-1 in the final on Saturday. Martirena opened the scoring in the 15th minute and Martinez added a goal five minutes later to help give “La Academia” its first international title since 1988 when it won the Supercopa Sudamericana. Roger Martinez sealed the victory with a goal in the 90th. “Maravilla” Martinez scored 10 goals in 13 matches and finished as the top scorer in the competition. Kaio Jorge scored in the 52nd for Cruzeiro.
Ireland rookies impress in big win as Fiji dominated 52-17
RÍO DE JANEIRO (AP) — Miles de personas se reunieron a lo largo de la playa de Copacabana el domingo para el desfile anual del orgullo gay en Río de Janeiro, muchas de ellas con poca ropa y cubiertas de brillantina. Banderas, toallas y abanicos de colores arcoíris abundaban entre la multitud, compuesta principalmente por jóvenes que bailaban y cantaban al ritmo de la música que salía de los altavoces. Aunque el ambiente era festivo, algunos hablaron de la amenaza de violencia que enfrentan las personas LGBTQ+ en Brasil. “Como hermana de una mujer trans, tengo un miedo mortal”, dijo Helen Karajá, una artista bisexual de 32 años. Al menos 230 brasileños de la comunidad LGBTQ+ fallecieron violentamente en 2023, según el Observatorio de muertes y violencia LGBTI+ en Brasil, un organismo que aglutina a varios grupos activistas. Y más personas trans —100— fueron asesinadas en Brasil el año pasado que en cualquier otro país, según Transgender Europe, una red de organizaciones no gubernamentales globales que rastrea los datos. A pesar de ello, sin duda la vida para las personas gay es ahora más segura que antes, dijo Carlos da Cunha, un peluquero de 71 años. RELATED COVERAGE El reclutamiento de niños por parte de las pandillas de Haití aumenta un 70%, según UNICEF Aludes e inundaciones repentinas en Indonesia dejan 16 muertos y 6 desaparecidos Avión de carga de DHL se estrella y se desliza hacia casa en Lituania, matando al menos a 1 persona “En el pasado, la gente tenía que ir a guetos para conocer gente, porque no podías estar simplemente en cualquier lugar”, dijo Da Cunha. “Ahora podemos caminar por la calle sin ser atacados, sin ser insultados ni humillados”. Uno de los temas del desfile del orgullo gay de este año fue la sostenibilidad. “La justicia ambiental sólo será posible con justicia racial y social, igualdad de género y diversidad sexual”, decía una pancarta en un camión. Brasil ha enfrentado una serie de catástrofes ambientales este año, incluida una sequía récord en la selva amazónica, inundaciones en el estado sureño de Río Grande do Sul e incendios forestales en todo el país. “Si no podemos respetar el medio ambiente, ¿cómo podemos respetar a los demás?”, dijo Alexia Soutinho, una estudiante de 23 años que dice ser pansexual y vive en la favela Cidade de Deus. ___ Esta historia fue traducida del inglés por un editor de la AP con la ayuda de una herramienta de inteligencia artificial generativa.‘I don’t think one result should define her’ – Jessie Stapleton backs Eileen Gleeson to remain as Ireland boss
Now that he’s stepped back into the role of being a starter, Dalton Risner is working tirelessly to make sure he’s at his best for the Vikings. ADVERTISEMENT That could be easier said than done in the short term. After starting exclusively at left guard since entering the NFL, Risner got the start at right guard for the first time last weekend with the Vikings playing the Tennessee Titans. Though he said he was extremely grateful for the opportunity, Risner also admitted there’s a learning curve now playing a new position. Not that he’s complaining about his place on the offensive line. “It was awesome,” Risner said. “I’m really happy with how I played. A few things to clean up. I think I’ll only continue to get better.” ADVERTISEMENT After rewatching the game, head coach Kevin O’Connell praised Risner for the way he competed in the trenches. “He showed some of that veteran moxie to win some downs that were some hard downs,” O’Connell said. “There are some things he’ll continue to improve with the speed and physicality of it as he finds his groove.” The biggest hurdle for Risner is getting his mind to think in reverse. He has spent so much time at left guard throughout his career that switching over to right guard has forced him out of his comfort zone. “All of it is flip-flopped,” Risner said. “It’s not an easy process.” ADVERTISEMENT It was made even more difficult last weekend with Risner going up against the combination of star defensive tackle Jeffery Simmons and rookie defensive tackle T’Vondre Sweat. “That’s about as good of a pair as we’re going to find in the NFL,” offensive coordinator Wes Phillips said. “We knew it was going to be a challenge up front with those guys. There are some things we could’ve done better from a technique perspective. We expect these guys to respond.” That includes Risner as the Vikings prepare for the Chicago Bears on Sunday afternoon at Soldier Field. As he gains more experience at his new position, his hope is that it becomes second nature to him at some point soon. ADVERTISEMENT “I don’t know how many reps it’ll be or how many games it’ll be,” Risner said. I know I’ll consistently get more and more comfortable there.” Briefly The only player listed as a non-participant on the injury report was tight end Josh Oliver (wrist/ankle). He hasn’t practiced at all this week, so his availability for this weekend is very much up in the air. ______________________________________________________ This story was written by one of our partner news agencies. Forum Communications Company uses content from agencies such as Reuters, Kaiser Health News, Tribune News Service and others to provide a wider range of news to our readers. Learn more about the news services FCC uses here .HOUSTON — Houston Texans receiver Tank Dell will miss the remainder of the season after dislocating a knee and tearing an ACL in a loss to Kansas City on Saturday. Coach DeMeco Ryans revealed the details of his injury Monday before announcing that Dell would have season-ending surgery for a second straight year. He fractured his fibula in Week 13 against the Broncos as a rookie last season and had surgery on it the following day. “He dislocated the knee, he tore the ACL, other things there he’ll have to get repaired," Ryans said. “So he’ll be out for the year.” Ryans didn't have a date for Dell's surgery for this injury, but said it would be soon. Dell was injured on a 30-yard touchdown catch in Houston’s 27-19 loss Saturday. He was coming across the back of the end zone and made the spectacular catch on a pass from C.J. Stroud before colliding with Houston teammate Jared Wayne on the way to the ground. Dell immediately grabbed at his knee and Wayne signaled for team trainers, who spent several minutes working on the wide receiver while teammates waited anxiously. People are also reading... Dell was eventually placed on a stretcher and driven in a covered medical cart off the field, and then he was taken to the hospital. He stayed in the hospital overnight before flying back to Houston on Sunday. Stroud, who is so close to Dell that he considers him a brother, cried the entire time the receiver was down on the field and for a while after he was taken away. “It was just not easy for me to sit there and be emotional,” Stroud said Monday. “But it’s something that we all go through in life and it’s easy to be a fake tough guy. It’s easy to go through life acting like everything doesn’t affect you, but deep down we all know we’re going through something.” Some criticized Stroud for crying. But he believes a display of emotion such as that was important to remind people of the human aspect of this game and the toll it can take on players. “It’s good for young men and women out there, kids who are brought up — and I was taught this too as a kid, not from my parents but just from the world, don’t let anybody see you emotional,” he said. “Don’t let anybody see you down and yeah there’s some truth to that in in certain aspects, but there’s also life and I think it was good for people to see me in that light and knowing that there is still a human factor to me and I’m a normal person.” Rodgers acknowledges Jets' run may end Aaron Rodgers is still contemplating his playing future. The star quarterback knows if he returns to the field, it might be out of hands whether it's with the New York Jets. The 41-year-old Rodgers said last week that he'll take some time after this season, his 20th in the NFL, to determine what he wants to do next. On Monday, he suggested a decision on whether he'll return with the Jets could be made for him the day after the team's regular-season finale. “I think there’s a world where they just say, ‘Hey, thank you, we’re going to go in another direction’ on Jan. 6,” Rodgers said during his weekly appearance on “The Pat McAfee Show.” “That’s a possibility,” he added. "I think there’s also a possibility we’re going to wait and see who the new staff is.” Be the first to know Get local news delivered to your inbox!
Towson University again denied new degree due to similarity to one at Morgan State
COLORADO SPRINGS, Colo. (AP) — Ethan Taylor's 21 points helped Air Force defeat Mercyhurst 82-48 on Sunday night. Taylor added 10 rebounds for the Falcons (2-4). Wesley Celichowski scored 14 points, going 6 of 11 and 2 of 3 from the free-throw line. Luke Kearney had 12 points and shot 4 for 5 from beyond the arc. The Lakers (4-3) were led by Aidan Reichert, who posted 11 points. Jeff Planutis added 10 points for Mercyhurst. Mykolas Ivanauskas also had seven points, six rebounds and three blocks. Air Force took the lead with 15:21 left in the first half and never looked back. The score was 31-24 at halftime, with Taylor racking up nine points. Air Force extended its lead to 45-26 during the second half, fueled by a 14-0 scoring run. Taylor scored a team-high 12 points in the second half as Air Force closed out the win. The Associated Press created this story using technology provided by Data Skrive and data from Sportradar .
Over 20,000 immigrants form annual holiday convoy to Sierra Gorda via LaredoTelegram founder says messaging app profitable for first timeWASHINGTON — The House Ethics Committee on Monday accused Matt Gaetz of "regularly" paying for sex, including with a 17-year-old girl, and purchasing and using illicit drugs as a member of Congress, as lawmakers released the conclusions of a nearly four-year investigation that helped sink his nomination for attorney general. The 37-page report by the bipartisan panel includes explicit details of sex-filled parties and vacations that Gaetz, now 42, took part in from 2017 to 2020 while the Republican represented Florida's western Panhandle. Congressional investigators concluded that Gaetz violated multiple state laws related to sexual misconduct while in office, though not federal sex trafficking laws. They also found that Gaetz "knowingly and willfully sought to impede and obstruct" the committee's work. "The Committee determined there is substantial evidence that Representative Gaetz violated House Rules and other standards of conduct prohibiting prostitution, statutory rape, illicit drug use, impermissible gifts, special favors or privileges, and obstruction of Congress," the report said. Before the report came out, Gaetz denied any wrongdoing and criticized the committee's process. "Giving funds to someone you are dating — that they didn't ask for — and that isn't 'charged' for sex is now prostitution?!?" he posted on X, the website formerly known as Twitter. "There is a reason they did this to me in a Christmas Eve-Eve report and not in a courtroom of any kind where I could present evidence and challenge witnesses." Gaetz, who was first elected in 2017, spent the majority of his time in Washington enmeshed in scandals that ultimately derailed his selection by President-elect Donald Trump to lead the Justice Department. Gaetz abruptly resigned from Congress last month. His political future is uncertain, although Gaetz has indicated interest in running for the open Senate seat in Florida. The committee painted a damning portrait of Gaetz's conduct, using dozens of pages of exhibits, including text messages and financial records, travel receipts, checks and online payments, to document a party and drug-fueled lifestyle. The committee said it compiled the evidence after issuing 29 subpoenas for documents and testimony and contacting more than two dozen witnesses. In addition to soliciting prostitution, the report said Gaetz "accepted gifts, including transportation and lodging in connection with a 2018 trip to the Bahamas, in excess of permissible amounts." That same year, investigators said Gaetz arranged for a staffer to obtain a passport for a woman with whom he was sexually involved, falsely telling the State Department that she was his constituent. In some of the text exchanges made public, he appeared to be inviting various women to events, getaways or parties, and arranging airplane travel and lodging. At one point he asked one woman if she had a "cute black dress" to wear. There were also discussions of shipping goods. One of the exhibits was a text exchange that appeared to be between two of the women concerned about their cash flow and payments. In another, a person asked Gaetz for help to pay an educational expense. Regarding the 17-year-old girl, the report said there was no evidence Gaetz knew she was a minor when he had sex with her. The woman told the committee she did not tell Gaetz she was under 18 at the time and that he learned she was a minor more than a month after the party. But Gaetz stayed in touch with her after that and met up with her for "commercial sex" again less than six months after she turned 18, according to the committee. Florida law says it is a felony for a person 24 or older to have sex with a minor. The law does not allow a claim of ignorance or misrepresentation of a minor's age as a defense. Joel Leppard, who represents two women who told the committee that Gaetz paid them for sex, said the findings "vindicate" the accounts of his clients and "demonstrate their credibility." "We appreciate the Committee's commitment to transparency in releasing this comprehensive report so the truth can be known," Leppard said in a statement. At least one Republican joined all five Democrats on the committee earlier this month in voting to release the report despite initial opposition from GOP lawmakers, including House Speaker Mike Johnson, to publishing findings about a former member of Congress. While ethics reports have previously been released after a member's resignation, it is extremely rare. On behalf of the Republicans who voted against making the report public, the committee chairman, Rep. Michael Guest of Mississippi, wrote that while the members did not challenge the findings, "we take great exception that the majority deviated from the Committee's well-established standards," to drop any investigation when a person is not longer a member of the chamber. Guest added that releasing this report sets a precedent that "is a dangerous departure with potentially catastrophic consequences." But Maryland Rep. Glenn Ivey, a Democratic member of the committee, said that for transparency, it was crucial for the public and Congress as an institution to read the findings. "I think that's important for my colleagues here in the House to know how the committee reviews certain acts," he told The Associated Press. "Some of these were obviously conduct that crossed the line, but some of them weren't." Mounting a last-ditch effort to halt the publication of the report, Gaetz filed a lawsuit Monday asking a federal court to intervene. He cited what he called "untruthful and defamatory information" that would "significantly damage" his "standing and reputation in the community." Gaetz's complaint argued that he was no longer under the committee's jurisdiction because he had resigned from Congress. The often secretive, bipartisan committee has investigated claims against Gaetz since 2021. But its work became more urgent last month when Trump picked him shortly after the Nov. 5 election Day to be the nation's top law enforcement officer. Gaetz resigned from Congress that same day, putting him outside the purview of the committee's jurisdiction. But Democrats had pressed to make the report public even after Gaetz was no longer in the House and had withdrawn from consideration for Trump's Cabinet. A vote on the House floor this month to force the report's release failed; all but one Republican voted against it. The committee detailed its start-and-stop investigation over the past several years, which was halted for a time as the Justice Department conducted its own inquiry of Gaetz. Federal prosecutors never brought a case against him. Lawmakers said they asked the Justice Department for information about its investigation, but the agency refused to hand over information, saying it does not disclose information about investigations that do not result in charges. The committee then subpoenaed the department for records. After a back-and-forth between department officials and the committee, the department only handed over "publicly reported information about the testimony of a deceased individual," according to the committee's report. The report said Gaetz was "uncooperative" throughout the committee's investigation. He provided "minimal documentation" in response to the committee's requests, it said. "He also did not agree to a voluntary interview."