The proposed privatization of Nordstrom could offer several advantages to the company. As a private entity, Nordstrom would have greater flexibility to implement long-term strategies without the ...

Erik Nordstrom and Peter Nordstrom, the company's president, together with El Puerto de Liverpool, submitted a non-binding letter containing the offer. The Nordstrom family owns a 33.4% stake in ...

Recently, Nordstrom’s CEO Erik Nordstrom and his brother Pete, who serves as the company’s president, confirmed their exploration of privatization ... a $8.4-billion offer presented in 2018 ...