March 9, 2018
The Seattle Times quoted Retail & Consumer Products Co-Leader Ron Friedman in a feature story about the Nordstrom family’s efforts to take the chain private.
By Benjamin Romano
A third-party bidder who sought to buy Nordstrom out from under the Nordstroms also risks losing the family’s knowledge and feel for the business, Friedman said. “It’s hard to replace them if they walk away,” he said.