Why Nordstrom Decided to Go Private

By BloombergNov 11, 2026, 9:35 PM

Nordstrom Co-CEO Pete Nordstrom, says that there is "a lot of headroom" in the firm's Rack concept and that he and his brother, Co-CEO Erik Nordstrom, wanted more influence over some of the company's decisions in explaining why they took Nordstrom private in 2025. He speaks with Bloomberg's Romaine Bostick.

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Why Nordstrom Decided to Go Private

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