The Nordstrom family, founders of the department store chain, are considering taking the company private amidst ongoing struggles in the retail sector. Erik Nordstrom, CEO, and Pete Nordstrom, president, have expressed their interest in this move to the company's board. In response, Nordstrom has formed a special committee of independent directors to evaluate the potential private acquisition. This development comes as competitors like Macy's face similar pressures. The news was reported by WSJ and involves the stock symbol $JWN.