Bruce Nordstrom, who along with three other members of the Nordstrom family transformed a small chain of Pacific Northwest shoe stores into an international fashion retail giant with more than 150 locations worldwide, died on Saturday at his home in Seattle.
His death was confirmed by a company spokeswoman.
As a grandson of John W. Nordstrom, the company’s Swedish immigrant founder, Mr. Nordstrom was part of the third generation of the family to run the company jointly, sharing power and making decisions by consensus, an unusual but successful Nordstrom tradition that continues to this day.
He shared leadership with his cousins John N. Nordstrom and Jim Nordstrom, who were brothers, and Jack McMillan, who was married to their cousin Loyal Nordstrom.
Management by committee is considered a business school formula for disaster, but the Nordstrom family, starting with Bruce’s father, Everett, and Everett’s brothers Elmer and Lloyd, decided that they could be more effective as co-leaders of the company, which was founded in 1901 in Seattle.
Persons:
Bruce Nordstrom, Nordstrom, John W, John N, Jim Nordstrom, Jack McMillan, Loyal Nordstrom, Bruce’s, Everett, Elmer, Lloyd
Organizations:
Management
Locations:
Pacific Northwest, Seattle, Swedish