Nordstrom, Inc. is an upscale department store chain in the United States, founded by John W. Nordstrom and Carl F. Wallin. Initially a shoe retailer, the company today also sells clothing, accessories, handbags, jewelry, cosmetics, fragrances, and in some locations, home furnishings. There are now 225 stores operating in 29 states across the U.S.The corporate headquarters and the flagship store are located in Downtown Seattle, Washington. The chain also offers free shipping and returns every day all the time without a minimum purchase. Nordstrom's biggest competitors are Bloomingdales, Lord... & Taylor, Von Maur, Neiman Marcus, & Saks Fifth Avenue. In 1887, at the age of 16, like many other Swedes in the late 19th century, John W. Nordstrom emigrated to the United States in search of opportunity. He was born in the village of Ale, close to Luleå in Northern Sweden. His name at birth was "Johan Nordström" which he later anglicized to John Nordstrom. After landing in New York, he first worked in Michigan.
more
| NYSE symbol: | JWN |
| Founded: | 1901 |
| Headquarters: | United States of America |
| Annual revenue: | $8,573,000,000 |
| Net income: | $401,000,000 |
| Operating income: | $779,000,000 |
| Market cap: | $8,400,000,000 |
| Employees: | 53,000 |
| Industries: | Clothing, Retail, Family Clothing Stores |