Nordstrom
Coordinates: 47°36′45″N 122°20′11″W / 47.61237°N 122.3365°W / 47.61237; -122.3365
The 1991-Present Logo | |
Type | Public |
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Traded as | NYSE: JWN S&P 500 Component |
Industry | Retail |
Founded | 1901 |
Founder(s) | John W. Nordstrom Carl F. Wallin |
Headquarters | Seattle, Washington, U.S. |
Number of locations | Nordstrom: 116 Nordstrom Rack: 95 Jeffrey: 2 Nordstrom Last Chance:1 (July 2011) |
Key people | Enrique Hernandez, Jr., Chairman Blake Nordstrom, President |
Products | Clothing, footwear, bedding, furniture, jewelry, beauty products, cafe, and houseware. |
Revenue | US$ 8.57 Billion (FY 2009) |
Operating income | US$ 773 Million (FY 2009) |
Net income | US$ 401 Million (FY 2009) |
Total assets | US$ 5.66 Billion (FY 2009) |
Total equity | US$ 1.21 Billion (FY 2009) |
Employees | 52,000 (2009) |
Subsidiaries | HauteLook |
Website | nordstrom.com |
Nordstrom, Inc. is an upscale fashion specialty retailer chain in the United States, founded by John W. Nordstrom and Carl F. Wallin. Initially a shoe retailer, the company today also sells clothing, accessories, handbags, jewelry, cosmetics, fragrances and home furnishings in some locations. There are now 231 stores operating in 31 states across the U.S. There are 117 Full-Line stores and 110 Nordstrom Racks. The corporate headquarters and the flagship store are located in downtown Seattle, Washington. The chain also offers free shipping and returns all the time without a minimum purchase.
Nordstrom's biggest competitors are traditionally Bloomingdales, Lord & Taylor, Von Maur, Neiman Marcus, and Saks Fifth Avenue.
Read more about Nordstrom: Sales, Employee Handbook, Recognition