Bruce Nordstrom Net Worth is
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Bruce A. Nordstrom (born October 1, 1933) is the former chairman of the retailer, Nordstrom, Inc. He ran the company from 1968 until 1995 and resumed his position as chairman in 2000 until 2006. He is an active philanthropist in the Seattle community and listed as one of Forbes wealthiest people in 2012.

Bruce A. Nordstrom is the grandson of John W. Nordstrom, founder of Nordstrom, Inc., which began as a shoe store in 1901. At the age of 9, Bruce began his career at the retailer working the stockroom and sales floor of Nordstrom???s downtown Seattle store, making 25 cents an hour. Bruce continued working under his father, Everett Nordstrom and uncles, Elmer and Lloyd Nordstrom, until he pursued college.
Bruce graduated from the University of Washington in 1955 with a bachelor's degree in economics. While at Washington, Nordstrom became a member of the Beta Theta Pi Fraternity. He married his wife, Jeannie and has three sons ??? Blake, Erik and Peter ??? all who are in current leadership positions at Nordstrom.
For more than 40 years, Bruce led Nordstom, Inc, growing it from seven shoe stores to more than 156 stores in 27 states, and a European chain of boutiques. During his tenure, he helped grew the company from under $40 million to $8.6 billion.
In 1963, Bruce was named a president of Nordstrom, Inc. He became board co-chair in 1968 alongside cousins James and John, cousin in-law Jack McMillan, and family friend, Bob Bender. They made up the third-generation of Nordstrom???s, who led company expansion and profitability until the 1990s, when they began to retire.
In 1995, Bruce retired as co-chairman. The company leadership was restructured with Bruce???s sons ??? Blake, Pete and Erik in leadership roles alongside a new CEO, John Whitacre. From 1995 until 2000, Nordstrom sales decreased and the company executed a marketing campaign to modernize the brand that was not well received. As a result, Whitacre left the company in 2000. Bruce returne

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Bruce Nordstrom Latest News

Retail Roundup: Stronger Than Expected Earnings Boost Fortunes Of Five Billionaires

The century-old business is now run by fourth generation Nordstroms, though third generation heirs, Bruce Nordstrom and Anne Gittinger, remain the company’s biggest shareholders. The duo’s grandfather, John W. Nordstrom, co-founded the first store in ...
Posted: August 20, 2016, 6:01 am

The Keeper of the Nordstrom Way

Bruce Nordstrom remembers his first job with the family business as if it were yesterday. He was 9 years old, World War II had just begun and Nordstrom was working in the stockroom at one of the retailer's two shoe stores for 25 cents an hour. "In those ...
Posted: September 27, 2016, 5:36 pm

How Nordstrom Bests Its Retail Rivals

Over the next few years, Pete and his brothers traveled through different departments, roles, and locations. In 1995, Bruce Nordstrom and his cousins retired. The board ultimately put John Whitacre, who had worked for the company for two decades ...
Posted: August 11, 2011, 8:17 pm
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