Shopping for Nordstrom: Nordstrom family enters bid to buy back the company

Last March, it was reported that the Nordstrom family was interested in once again taking their storied retail company private.  There hadn’t been much word until last week, when we finally heard a price proposal – $23 a share. Another bid by the Nordstrom family was rejected six years ago. So - why try again now? And what is the future of this iconic Seattle brand? Seattle Times business reporter Alex Halverson breaks it all down. Thank you to the supporters of KUOW, you help make this show possible! If you want to help out, go to kuow.org/donate/soundsidenotes Soundside is a production of KUOW in Seattle, a proud member of the NPR Network.  Guests: Alex Halverson, Seattle Times business reporter Relevant Links: What’s behind Nordstrom family’s $3.8B play to take control of company - Seattle Times See omnystudio.com/listener for privacy information.