Nordstrom heir dies  Blake Nordstrom, the great grandson of the founder of the luxury retail chain, died Wednesday at 58. Nordstrom had run the publicly traded department store with his two brothers. The family has managed the store for more than a century after its founding in Seattle, attempting to take it private once again in 2017 but failing to secure adequate financing. Nordstrom announced in a letter to employees last month that he had been diagnosed with cancer and would be undergoing chemotherapy.

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