This article is about the department store chain. For other uses, see Nordstrom (disambiguation).
Nordstrom, Inc.
Flagship store and headquarters in Downtown Seattle in 2016
Formerly
Wallin & Nordstrom (1901–1922)
Nordstrom's (1923–1962)
Nordstrom Best (1963–1970)
Company type
Public
Traded as
NYSE: JWN
S&P 400 component
Industry
Retail
Founded
1901; 123 years ago (1901) in Seattle, Washington, U.S.
Founders
John W. Nordstrom
Carl F. Wallin
Headquarters
1617 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
Revenue
US$14.789 billion (2021)
Operating income
US$492 million (2021)
Net income
US$178 million (2021)
Total assets
US$8.869 billion (2021)
Total equity
US$581 million (2021)
Number of employees
62,000 (2021)
Subsidiaries
Nordstrom Rack
Website
nordstrom.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 Wallin & Nordstrom store operated exclusively as a shoe store, and a second Nordstrom's shoe store opened in 1923. The growing Nordstrom Best chain began selling clothing in 1963, and became the Nordstrom 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).
^"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.
^Nordstrom and Nordstrom Rack Stores Near You
^"Nordstrom 10K FY 2018". U.S. Securities and Exchange Commission. Retrieved April 27, 2019.
^Dishman, Lydia (January 20, 2016). "How American Department Stores Are Fighting Extinction". Fortune. Retrieved May 26, 2022.
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Global Information
US$14.789 billion (2021)
US$8.869 billion (2021)