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.[4] Previous expansions beyond the contiguous United States include Puerto Rico (2015–2020) and Canada (2014–2023).
This article is about the department store chain. For other uses, see Nordstrom (disambiguation).Formerly
- Wallin & Nordstrom (1901–1922)
- Nordstrom's (1923–1962)
- Nordstrom Best (1963–1970)
1901Seattle, Washington, U.S.
in
- John W. Nordstrom
- Carl F. Wallin
1617 Sixth Avenue
Seattle, Washington, U.S.
- 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)
- Clothing
- footwear
- handbags
- jewelry
- accessories
- cosmetics
- fragrances
- home furnishings
- housewares
- appliances
- bedding
- bath
- gifts
- wedding
US$492 million (2021)
US$178 million (2021)
US$8.869 billion (2021)
US$581 million (2021)
62,000 (2021)
Early history[edit]
John W. Nordstrom was born on February 15, 1871, in the village Alvik near Luleå in Northern Sweden.[5] In 1887, Nordstrom immigrated to the United States at the age of 16.[5][6] His name at birth was Johan Wilhelm Nordström (Swedish pronunciation: [ˈjuːhɑn ˈvɪlhɛlm ˈnuːr(d)strœm]), which he later anglicized to John W. Nordstrom. After landing in New York, he began working in Michigan and was able to save enough money to purchase a 20-acre (81,000 m2) potato farm in Arlington, Washington.[5] In 1897, he joined the Klondike Gold Rush in Canada's Yukon Territory. After two years of prospecting, he finally struck gold, but sold his disputed claim for $13,000.[5] Returning to Seattle with his newfound wealth, he married Hilda Carlson in 1900 and searched for a business venture.[5]
Company type
Division
- February 9, 2012 (incorporated)
- September 19, 2014 (first store)
June 13, 2023
6 Nordstrom, 7 Nordstrom Rack (2023)
Nordstrom