Financial Analysis Of Nordstrom Inc. Essay example

1507 Words 7 Pages
Financial Analysis of Nordstrom Inc.

In Seattle Washington in 1901 John W. Nordstrom and Carl F. Wallin founded one of the countries largest and well-known retail stores in North America, Puerto Rico, and Canada. Nordstrom began as a shoe retailer but quickly expanded its inventory to include clothing, accessories, handbags, jewelry, cosmetics, and fragrances; along with some locations housing wedding dress and home furnishing departments. Currently Nordstrom has 347 stores that operate in 40 different states, as well as stores in Puerto Rico and Canada. The Nordstrom brand not only includes the Nordstrom department stores but 215 Nordstrom Rack stores, 5 Trunk Club clubhouses, 2 Jeffrey Luxury “Last Call” boutiques, and 2 clearance stores. Nordstrom also serves customers through their websites, nordstrom.com, nordstromrack.com, and a private sale site titled HauteLook.
Leading the industry with a distinct supply of apparel, shoes and accessories for men, women and children, Nordstrom serves its customers with the leading high fashion designers of today, making Nordstrom by far one of the most popular fashion retailing stores in the in the nation. Nordstrom, Inc. 's common stock is publicly traded on the NYSE under the symbol JWN. Based on the competitive environment that surrounds Nordstrom Inc., the management team has had to make specific decisions in order for the retailer to remain a leader in the industry. Even though the company’s capital budget is…

Related Documents