Nordstrom, Inc. operates as a fashion specialty retailer in the United States. The company operated 262 U.S. stores located in 35 states, as of March 17, 2014, as well as an e-commerce business through Nordstrom.com and HauteLook. Segments The company has two segments, Retail and Credit. The Retail segment includes Nordstrom branded full-line stores and online store, Nordstrom Rack stores, Last Chance clearance store and other retail channels, including HauteLook and Jeffrey stores. The company offers a selection of brand name and private label merchandise focused on apparel, shoes, cosmetics and accessories. Online purchases are primarily shipped to its customers from its Cedar Rapids fulfillment center, and from its Nordstrom full-line stores. The company’s customers can also pick up online orders in its Nordstrom full-line stores if inventory is available at one of its locations. The company’s online private sale retailer, HauteLook, offers limited time sale events on fashion and lifestyle brands, as well as a selection of off-price high-quality brand name merchandise. The Credit segment includes its wholly owned federal savings bank, Nordstrom fsb, through which the company provides a private label credit card, two Nordstrom VISA credit cards and a debit card. The credit and debit cards feature a shopping-based loyalty program designed to increase customer visits and spending. Trademarks The company has 152 trademarks, each of which is the subject of one or more trademark registrations and/or trademark applications. Its main trademarks include Nordstrom, Nordstrom Rack, HauteLook, Halogen, BP. and Zella. Seasonality Due to the company’s anniversary sale in July, the holidays in December and the Half-Yearly sales that occur in the second and fourth quarters, resulting in higher sales in the second and fourth quarters of the year than in the first and third quarters. Significant Events In April 2014, Nordstrom Inc. announced plans to relocate its full-line store to a new space within Westfield UTC in San Diego, Calif. In May 2014, Nordstrom Inc. announced plans to open a Nordstrom Rack at Winrock Town Center in Albuquerque, New Mexico. Nordstrom Inc. has announced the opening of a new store at Rideau Centre in Ottawa, Canada. History Nordstrom, Inc. was founded in 1901. The company was incorporated in the state of Washington in 1946.
(JWN:New York Consolidated)
1617 Sixth Avenue
Seattle, WA 98101
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