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

Nordstrom shares spike as founding family explores going private

The family owns 31 percent of common shares in the company, with former chairman Bruce Nordstrom owning the biggest stake at 15.4 percent. “The group has not made a proposal to the company regarding any such transaction,” according to the announcement.
Posted: June 8, 2017, 2:22 am

DUN Nordstrom family considering buyout of department store

Nordstrom Inc. says that the group also includes President of Stores James Nordstrom and Chairman Emeritus Bruce Nordstrom. Nordstrom shares have fallen by about a third since December. Nordstrom's board has formed a committee of independent directors to ...
Posted: June 11, 2017, 6:54 am

2 at Top of Nordstrom Quit; Family Members Take Over

Blake Nordstrom, 39, will be president, while Bruce Nordstrom, 66, will be chairman of the board. In a statement released after the stock market closed yesterday, Enrique Hernandez Jr., a new board member who analysts say is the catalyst for the move ...
Posted: August 31, 2000, 6:00 pm
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