Nordstrom could go private. It would be the latest big retail recalibration amid weaker clothing demand.

Shares of Nordstrom Inc. rallied on Tuesday following a report that the department-store chain was looking to go private — the latest effort by a retailer to shake up business after two years of weaker clothing demand.
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[mwai_chat context=”Let’s have a discussion about this article:nnShares of Nordstrom Inc. rallied on Tuesday following a report that the department-store chain was looking to go private — the latest effort b