Profile: Nordstrom Inc (JWN.N)
Nordstrom, Inc., incorporated on October 28, 1946, is a fashion specialty retailer in the United States. The Company's segments include Retail, Credit and Corporate/Other. The Company operates approximately 320 United States stores located in over 40 states, as well as an e-commerce business through Nordstrom.com, Nordstromrack.com/HauteLook and TrunkClub.com. It also operates approximately three Nordstrom full-line stores in Canada. In addition, the Company offers its customers a Nordstrom Rewards loyalty program along with a range of payment products and services, including credit and debit cards.
The Company's Retail segment includes approximately 120 Nordstrom-branded full-line stores in the United States and Nordstrom.com, over 200 off-price Nordstrom Rack stores, approximately three Canada full-line stores, Nordstromrack.com/HauteLook, over five Trunk Club clubhouses and TrunkClub.com, its approximately two Jeffrey boutiques and a clearance store that operates under the name Last Chance. It offers a range of brand-name and private label merchandise focused on apparel, shoes, cosmetics and accessories. Online purchases are shipped to its customers from its Cedar Rapids and East Coast fulfillment centers, but may also be shipped 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 Nordstrom Rack stores purchase merchandise from the same vendors carried in Nordstrom full-line stores and also serve as outlets for clearance merchandise from its 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. Online purchases are shipped to its customers from its San Bernardino fulfillment center. It can accommodate returns from these sites by mail or at any Nordstrom Rack location.
The Company, through its Credit segment, allows its customers to access a range of payment products and services, including a Nordstrom-branded private-label card, approximately two Nordstrom-branded Visa credit cards and a debit card for Nordstrom purchases. The credit and debit cards feature a loyalty program. Its Nordstrom private label credit and debit cards can be used only at its Nordstrom full-line stores in the United States, Nordstrom Rack stores and online at Nordstrom.com, Nordstromrack.com/HauteLook, while its Nordstrom Visa credit cards also may be used for purchases outside of Nordstrom. Cardholders participate in the Nordstrom Rewards program, through which cardholders accumulate points based on their level of spending. Upon reaching a certain points threshold, cardholders receive Nordstrom Notes, which can be redeemed for goods or services at Nordstrom full-line stores in the United States and Canada, Nordstrom Rack stores and at Nordstrom.com. Nordstrom Rewards customers receive reimbursements for alterations, get Personal Triple Points days and have early access to sales events.
1617 6th Ave
SEATTLE WA 98101-1707
Company Web Links
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- BRIEF-Target names Jason Goldberger as chief digital officer and president
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