Who is the owner of Nordstrom?

Nordstrom, founded by Swedish immigrant John W. Nordstrom and Carl F. Wallin in 1901, is currently owned by the Nordstrom family, who holds a 31.2% stake in the company. The company initially started as a single shoe store, with Wallin‘s shoe repair shop adjacent to it. The Second Avenue store was remodeled and reopened in 1930. Over the years, Nordstrom expanded to eight locations in two states, eventually adding apparel to its product offerings in 1963. The company went public on NASDAQ in 1971 and later moved to the New York Stock Exchange in 1999. By 1995, Nordstrom had 46 full-line department store locations across the United States. In 2021, the company reported annual revenue of $14.789 billion and employed 62,000 people.