Nordstrom co-CEO Pete Nordstrom Talks Going Private, Rack Concept 'Headroom'

Bloomberg Television’s Romaine Bostick sits down with Co-CEO Pete Nordstrom, who 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. Bostick also speaks with Nordstrom Stores President Fanya Chandler and Chief Merchandising Officer Jamie Nordstrom to discuss the company’s legacy, strategy and what comes next as Nordstrom marks its 125th anniversary.

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