July 31, 2019

The Seattle Times quoted Retail Co-Leader Ronald Friedman in an article about the Nordstrom family’s efforts to repurchase the company.

Seattle Times

By By Paul Roberts

Related Industry Retail & Consumer Products

The Seattle Times quoted Retail Co-Leader Ronald Friedman in an article about the Nordstrom family’s efforts to repurchase the company.

Excerpt:

Being a publicly traded company “puts pressure on you always, especially in the United States — everyone thinks earnings-per-share on a short-term basis,” said Ron Friedman, leader of consumer products and retail at Marcum, an accounting and advisory firm. That pressure makes it very difficult for companies to “think out long-term — where you’re going to be in five to 10 years.”

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Ronald Friedman

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