Nordstrom Inc
Company Profile
Business description
Nordstrom is a fashion retailer that operates about 93 department stores and 280 off-price Nordstrom Rack stores. The company also operates both full- and off-price e-commerce sites, two clearance stores, and six Local locations. Nordstrom’s largest merchandise categories are women’s apparel (27% of 2023 sales), shoes (26% of 2023 sales), men’s apparel (15% of 2023 sales), and beauty (13% of 2023 sales). Nordstrom, which traces its history to a shoe store opened in Seattle in 1901, continues to be partially owned and managed by members of the eponymous family. They have partnered with Mexican retailer El Puerto de Liverpool to acquire the company.
Contact
1617 Sixth Avenue
SeattleWA98101
USAT: +1 206 628-2111
Sector
Consumer Cyclical
Stock type
Cyclical
Industry
Department Stores
Fiscal Year End
31 January 2025
Employees
54,000
Morningstar Investment Ideas
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