In the midst of the growing e-commerce and online shopping popularity that are continuously putting the retailing business down, American luxury department store brand Nordstrom Inc. are one of the few companies that seem to keep up with the declining conditions of the business.

Shift To Private Ownership

The high-end product department store who has recently ventured into the e-commerce business in its efforts to level out with the current market demand has recently stated that major Nordstrom shareholders which happen to be the founding family are considering shifting the ownership of the company into a private one.