Nordstrom, Inc. operates as a fashion specialty retailer in the U.S. As of March 14, 2016, the company operated 323 U.S. stores located in 39 states, as well as an e-commerce business through Nordstrom.com, Nordstromrack.com/HauteLook and TrunkClub.com. The company also operates three Nordstrom full-line stores in Canada. The west and east coasts of the U.S. are the areas in which the company has the major presence. Segments The company has two segments, Retail and Credit. Retail As of March 14, 2016, this segment included the company’s 118 Nordstrom-branded full-line stores in the U.S. and Nordstrom.com, 197 off-price Nordstrom Rack stores, 3 Canada full-line stores, Nordstromrack.com/HauteLook, 5 Trunk Club clubhouses and TrunkClub.com, the company’s 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 and East Coast fulfillment centers, 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. Nordstrom Rack stores also serve as outlets for clearance merchandise from the company’s Nordstrom stores and other retail channels. Nordstromrack.com/HauteLook offers a selection of off-price merchandise, as well as limited-time sale events on fashion and lifestyle brands; and is integrated with a single customer log-in, shared shopping cart and streamlined checkout process. Nordstromrack.com combines the technology expertise of HauteLook with the merchant expertise of Nordstrom Rack. Online purchases are primarily shipped to the company’s customers from its San Bernardino fulfillment center. Furthermore, the company could accommodate returns from these sites by mail or at any Nordstrom Rack location. Credit This segment’s customers could access various payment products and services, including a Nordstrom-branded private label card, two Nordstrom-branded Visa credit cards, and a debit card for Nordstrom purchases. The credit and debit cards feature a loyalty program designed to increase customer visits and spending. Although the primary purposes of this segment are to foster greater customer loyalty and drive more sales, through the company’s program agreement with TD Bank, N.A., the company also receives credit card revenue. Trademarks The company has 147 trademarks, each of which is the subject of 1 or more trademark registrations and/or trademark applications. The company’s major trademarks include Nordstrom, Nordstrom Rack, HauteLook, Trunk Club, Halogen, BP., Zella, 14th & Union, Tucker+Tate, and Caslon. Seasonality The company’s business, like that of other retailers, is subject to seasonal fluctuations. Due to the company’s Anniversary Sale in July and the holidays in the fourth quarter (year ended January 2016), its sales are typically higher in the second and fourth quarters 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 (NRD:Munich)
1600 Seventh Avenue
Seattle, WA 98101
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