Financial Performance
With a long history, and numerous executed expansion efforts, which include web platform sales and most recently, a Canadian expansion, Nordstrom has demonstrated success and a firm understanding of what is needed to achieve such success. Through continuously monitoring the market and listening to consumers wants and needs through research, Nordstrom has been able to sufficiently meet consumer demands and bring value to their shopping experience. Thus, translating to success in expansion, enhanced revenue, profit generation, and stakeholder value.
Over the last 25 years, Nordstrom has doubled in size with 349 stores now present in their portfolio today (“2016 Annual Report,” 2017).…