Department store chain Nordstrom announced on Thursday that members of the Nordstrom family are exploring the possibility of taking the company private, according to a company press release. Nordstrom did not immediately respond to requests from Retail Dive to comment further on the news.
The group considering the move includes: Company Co-Presidents Blake Nordstrom, Peter Nordstrom, and Erik Nordstrom, President of Stores James F. Nordstrom, Chairman Emeritus Bruce Nordstrom and Anne E. Gittinger. The group has retained Centerview Partners LLC to serve as its financial advisor and Sidley Austin LLP to serve as its legal counsel.
