Yes, they went private, racked up some debt, and no doubt need to spend some cash to keep above the water line. We get that. But their annual summer sale is also their 125th Anniversary and Nordstrom has upped the ante, with a big print catalog, lots of special events and, the big kicker, preview sales of fall merchandise not yet available. It’s a celebration on so many levels, and Pete and Erik Nordstrom are the hosts, with heartfelt thanks to their loyal customers. Any other retail brand might sound disingenuous, but these guys really mean it. N125 is a milestone while other family-run retail operations have dropped like flies. Hanging in since 1901 is a win for a legendary multigenerational retail family and it shows that good old-fashioned retailing techniques still matter.
