Nordstrom, Inc. operates as a fashion specialty retailer in the U.S. Segments The company has two segments, Retail and Credit. Retail As of March 16, 2015, this segment included the company’s 115 ‘Nordstrom’ branded full-line stores in the U.S. and Nordstrom.com; 167 off-price Nordstrom Rack stores; 2 Canada full-line stores; Nordstromrack.com and HauteLook; and other retail channels, including 5 Trunk Club showrooms and TrunkClub.com, its 2 Jeffrey boutiques, and 1 clearance store that operates under the name ‘Last Chance’. 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 the company’s customers from its Cedar Rapids fulfillment center, and might also be shipped from its Nordstrom full-line stores. The company’s customers could also pick up online orders in its Nordstrom full-line stores if inventory is available at one of its locations. During 2014, the company launched Nordstromrack.com and the associated mobile app. Nordstromrack.com combines the technology expertise of HauteLook with the merchant expertise of Nordstrom Rack. Nordstromrack.com and HauteLook offer limited-time sale events on fashion and lifestyle brands, as well as a persistent selection of off-price brand-name merchandise and are integrated with a single customer log-in, shared shopping cart and streamlined checkout process. Furthermore, the company could accommodate returns from these sites by mail or at any Nordstrom Rack location. Credit This segment includes the company’s wholly owned federal savings bank, Nordstrom fsb, through which it provides a private label credit card, two Nordstrom Visa credit cards, and a debit card. The credit and debit cards feature a loyalty program designed to increase customer visits and spending. Trademarks The company has 156 trademarks, each of which is the subject of 1 or more trademark registrations and/or trademark applications. The company’s primary trademarks include Nordstrom, Nordstrom Rack, HauteLook, Halogen, BP., Zella, Caslon, and Trunk Club. Seasonality Due to the company’s Anniversary Sale in July and the holidays in December, the company’s sales are higher in the second and fourth quarters (year ending January 2015) than in the first and third quarters of the fiscal year. History Nordstrom, Inc. was founded in 1901. The company was incorporated in the state of Washington in 1946.
nordstrom inc (JWN:New York)
1617 Sixth Avenue
Seattle, WA 98101
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