Nordstrom

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. Previous expansions beyond the contiguous United States include Puerto Rico (20152020) and Canada (20142023).

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
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)
US$492 million (2021)
US$178 million (2021)
Total assets US$8.869 billion (2021)
Total equity US$581 million (2021)
Number of employees
62,000 (2021)
SubsidiariesNordstrom Rack
Websitenordstrom.com
Footnotes / references
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