Bruce Nordstrom, a retail executive who helped expand his family's Pacific Northwest department store chain into an upscale national brand, has died. Seattle-based Nordstrom Inc. said its former chairman died at his home Saturday. He was 90. “Our dad leaves a powerful legacy as a legendary business leader, a generous community citizen and a loyal friend,” said a statement from his sons, Nordstrom Chief Executive Erik Nordstrom and Pete Nordstrom, the company's president.
They brought the company public in 1971 and expanded its footprint across the United States while also launching the lower-priced Nordstrom Rack stores. Bruce Nordstrom retired from his executive role in 1995 as the third generation handed over leadership to the fourth. He retired as chairman of Nordstrom's board of directors in 2006.
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