Current:Home > InvestBruce Nordstrom, former chairman of Nordstrom's department store chain, dies at 90 -SecureWealth Bridge
Bruce Nordstrom, former chairman of Nordstrom's department store chain, dies at 90
View
Date:2025-04-14 22:31:20
Bruce Nordstrom, a retail executive who helped expand his family's Pacific Northwest department store chain into an upscale national brand, has died.
Seattle-based Nordstrom Inc. said its former chairman died at his home on Saturday. He was 90.
"Our dad leaves a powerful legacy as a legendary business leader, a generous community citizen and a loyal friend," said a statement from his sons, Nordstrom CEO Erik Nordstrom and Pete Nordstrom, the company's president.
The chain traces its roots back to a Seattle shoe store opened by Swedish immigrant John Nordstrom and a partner in 1901.
Bruce Nordstrom and other members of the third generation took leadership reins in 1968. They brought the company public in 1971 and expanded its footprint across the U.S. while also launching the lower-priced Nordstrom Rack stores.
Bruce Nordstrom retired from his executive role in 1995 as the third generation handed over leadership to the fourth. He retired as chairman of Nordstrom's board of directors in 2006.
He was one of several Nordstrom family members who in 2017 made a push to take the company private, proposing to buy out the 70% of the department store's stock they didn't already own. Those talks failed in 2018 but earlier this year, his sons started another series of buyout negotiations.
In addition to two sons, Nordstrom's survivors include his wife, Jeannie, his sister and fellow philanthropist Anne Gittinger, and seven grandchildren.
- In:
- Obituary
veryGood! (557)
Related
- NHL in ASL returns, delivering American Sign Language analysis for Deaf community at Winter Classic
- John Legend knows the obstacles of life after prison. He wants you to know them too
- Vanderpump Rules' Katie Maloney Slams Evil Troll Scheana Shay for Encouraging Tom-Raquel Hookup
- Kennedy Ryan's romances are coming for your heartstrings
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- CBS Just Renewed 9 of Your Favorite TV Shows—Including Survivor, CSI: Vegas and More
- Why A$AP Rocky's New Beauty Role With Gucci Is a Perfect Match
- Hague people's court seeks accountability from Putin for crimes against Ukraine
- House passes bill to add 66 new federal judgeships, but prospects murky after Biden veto threat
- Alec Baldwin Pleads Not Guilty to Involuntary Manslaughter in Rust Shooting of Halyna Hutchins
Ranking
- Could Bill Belichick, Robert Kraft reunite? Maybe in Pro Football Hall of Fame's 2026 class
- Enter Camilla, a modern and complex queen
- Tom Hanks has starred in dozens of movies. Now he's written a novel, too
- Here's Your Desert Music Festival Packing List for Spring Break
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- Marriage and politics are tough negotiations in 'The Diplomat'
- Opera Ebony broke boundaries in classical music for 50 years — but what comes next?
- How Mya Byrne paved her long, winding road to country music with grit and sparkle
Recommendation
Trump suggestion that Egypt, Jordan absorb Palestinians from Gaza draws rejections, confusion
Pakistan's trans community shows love for 'Joyland' — but worries about a backlash
Teen Mom's Maci Bookout Reunites With Ex Ryan Edwards for Emotional Sit Down About Son Bentley
MTV Movie & TV Awards cancels its live show over writers strike
Will the 'Yellowstone' finale be the last episode? What we know about Season 6, spinoffs
Here are all the best looks from the Met Gala 2023
A man is charged in the 2005 theft of Judy Garland's red 'Wizard of Oz' slippers
The Trendiest Affordable Throw Blankets From Amazon for Every Home Decor Aesthetic