Nordstrom

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; 124 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	Bradley D. Tilden (Chairman of the Board) Erik Nordstrom (CEO) Peter Nordstrom (President) 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 cafe
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 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).