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Independent topical source of current affairs, opinion and issues, featuring stories making news in Canada from immigrants, newcomers, minorities & ethnic communities' point of view and interests.

Nordstrom Inc: Nordstrom Traces

nordstrom inc: Nordstrom shares, which have fallen by about a third since December, rebounded over 12 per cent on the news, according to CTV. Nordstrom's board has formed a committee of independent directors to represent the company in any talks with the family over a potential sale. Nordstrom Inc. says Thursday that the group also includes President of Stores James Nordstrom and Chairman Emeritus Bruce Nordstrom. Nordstrom traces its roots back to a Seattle shoe store opened by Swedish immigrant John Nordstrom and a partner in 1901. (www.immigrantscanada.com). As reported in the news.