Retail Roundup—Nordstrom rejects family's offer; Apple rated top brand for intimacy

Nordstrom Local
Nordstrom board rejected the family's offer to buy the company. (Nordstrom)

Nordstrom rejects family's offer

Unable to boost their $50-a-share offer for the company that bears their name, the Nordstrom family was rejected by the board as potential buyers. The parties announced an agreement could not be reached on an acceptable price, as the company continues to search for a buyout bid. Seattle Times article

Albertsons gives small brands a digital outlet

Albertsons is going to launch a digital marketplace for small and young brands. The platform comes as consumers become more focused on local brands—and with many such brands popping up every day. CNBC article

Apple tops for intimacy 

According to a recent report by MBLM, Apple came in first for brand intimacy, followed by Amazon. Other retailers in the top 10 include Target and Whole Foods. Apple and Amazon built bonds across all age groups, and each ranked within the top five for each demographic. Media Post article

Women out-shop men online

Men are not as likely as women to shop online and are more likely to shop in-store at full price, according to a report from First Insight. Only 22% of men reported frequently shopping on mobile, compared to 40% of women. Retail Leader article

Read more on

Suggested Articles

Costco changes up its menu items, and Alibaba and Guess partner for a physical store.

Janey Whiteside, Walmart's new chief customer officer, is well acquainted with the importance of customer service in modern retail.

Whole Foods will offer deals on Amazon's Prime Day, and tariffs against China are causing pricing hikes.