The Nordstroms said a buyout would still be an attractive outcome and left options open.
The Nordstrom family now has to get investors to buy into their plans for the company as it remains public.
The committee evaluating the Nordstrom family offer to buy Nordstrom Inc. terminated discussions.
The new ceo laid out six strategic priorities for the brand, which he said was Millennial-focused before Millennials even existed.
The lingerie retailer showed a 2 percent comparable sales gain last month.