On Dec. 3, Nordstrom will be honored as Retailer of the Year at the 39th annual FN Achievement Awards. Below is an article from the magazine’s Dec. 1 print issue about the retailer’s monumental year.

It’s been a game-changing year for Nordstrom and its visionary family leaders.

In May, brothers Erik and Pete Nordstrom and their cousin Jamie, along with El Puerto de Liverpool, finalized their $6.25 billion, all-cash acquisition of the department store chain.

With the completion of the transaction , the Nordstroms now have a 50.1 percent controlling stake in the company, and Liverpool has a 49.9 percent stake. Nordstrom is based in Seattle, while Liverpool is based in Mexico City.

Pete Nordstrom , who was elevated from president and chief brand officer to co-chief executive offi

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