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Nordstrom

This article is about the department store chain. For other uses, see Nordstrom (disambiguation).

Nordstrom, Inc.
Formerly
  • Wallin & Nordstrom (1901–1922)
  • Nordstrom's (1923–1962)
  • Nordstrom Best (1963–1970)
Company typePublic
IndustryRetail
Founded1901 (1901) in Seattle, Washington, U.S.
Founders
Headquarters1617 Sixth Avenue
Seattle, Washington, U.S.
Number of locations
468[1][2]
Area served
United States
Key people
  • Brad D. Smith
  • (chairman of the board)
  • Peter Nordstrom (co-president)
  • Erik Nordstrom (CEO)
  • Anne Bramman (CFO)
  • Jason Morris (CTIO)
  • Scott Meden (CMO)
  • Rory McLeod (director of finance)
Products
  • Clothing
  • footwear
  • handbags
  • jewelry
  • accessories
  • cosmetics
  • fragrances
  • home furnishings
  • housewares
  • appliances
  • bedding
  • bath
  • gifts
  • wedding
RevenueIncrease US$14.789 billion (2021)
Increase US$492 million (2021)
Increase US$178 million (2021)
Total assetsDecrease US$8.869 billion (2021)
Total equityDecrease US$581 million (2021)
Number of employees
62,000 (2021)
SubsidiariesNordstrom Rack
Websitenordstrom.com
Footnotes / references
[3]

Nordstrom, Inc. (/ˈnɔːrdstrəm/) is an American luxury department store chain headquartered in Seattle, Washington, and founded by John W. Nordstrom and Carl F. Wallin in 1901. The original store operated exclusively as a shoe store, and a second location opened in 1923. The growing chain began selling clothing in 1963, and became the full-line retailer that presently exists by 1971. The company founded its off-price Nordstrom Rack division in 1973, and grew both full-line and off-price divisions throughout the United States in the following years. The full-line division competes with department stores including Bloomingdale's, Macy's, Neiman Marcus, and Saks Fifth Avenue, while the off-price division competes with retailers including the TJX Companies and Ross Stores.[4] Previous expansions beyond the contiguous United States include Puerto Rico (2015–2020) and Canada (2014–2023).

  1. ^ "About Us". Nordstrom, Inc. Retrieved February 29, 2020. Customers are served at 100 full-line stores in the U.S., Canada and Puerto Rico; 250 Nordstrom Rack locations; six Trunk Club clubhouses, a personalized styling service; three Jeffrey boutiques; two clearance stores; and five Nordstrom Local service concepts.
  2. ^ Nordstrom and Nordstrom Rack Stores Near You
  3. ^ "Nordstrom 10K FY 2018". U.S. Securities and Exchange Commission. Retrieved April 27, 2019.
  4. ^ Dishman, Lydia (January 20, 2016). "How American Department Stores Are Fighting Extinction". Fortune. Retrieved May 26, 2022.

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