Nordstrom, Inc is an American luxury department store chain headquartered in Seattle, Washington and founded by John W Nordstrom and Carl F Wallin in 1901.
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33 Facts About Nordstrom
2.
Nordstrom founded its off-price Nordstrom Rack division in 1973, and grew both full-line and off-price divisions throughout the United States in the following years before expanding into Canada in 2014.
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3.
In 1928, John W Nordstrom retired and sold his shares to two of his sons, Everett and Elmer.
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4.
Lloyd Nordstrom subsequently joined the company in 1933, and the three brothers ran the business together for almost forty years.
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5.
In 1976, Nordstrom opened a series of stores called Place Two to sell a more limited selection of apparel in smaller markets.
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8.
In 1998, Nordstrom opened its first location in the Southeast at Perimeter Mall in Atlanta, Georgia.
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9.
In 2000 the Nordstrom family reasserted its control, with the sons of Bruce A assuming senior roles in the company which they continue to hold.
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10.
Blake Nordstrom served as sole President of the company from 2000 to 2014 with Erik and Peter joining him as co-Presidents in 2015.
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11.
Nordstrom sold its stand-alone boutique chain Faconnable in 2007, though it still offers that label in its lineup.
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12.
In February 2011, Nordstrom announced the acquisition of HauteLook, an LA-based online retailer that offers flash sales on designer goods.
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13.
The deal included Nordstrom paying $180 million in stock and a three-year "earn-out" payment based on HauteLook's financial performance.
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14.
The remaining location on the north side of the city at the Fashion Mall at Keystone as well as the future Nordstrom Rack store in the Rivers Edge Shopping Center, on the north side, remained as the only two locations in the state.
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15.
Nordstrom announced plans to open a Nordstrom Rack in Milwaukee in 2014.
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16.
Nordstrom opened its first Rack location in Philadelphia in the fall of 2014.
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17.
In 2016, Nordstrom entered into a partnership with Tesla Motors under which the automaker opened retail galleries inside the Nordstrom locations in The Grove, Los Angeles, in SouthPark Mall in Charlotte, North Carolina and in Somerset Collection in Troy, Michigan.
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19.
In 2017, Nordstrom announced they would be expanding their natural beauty-focused stations.
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20.
Nordstrom's action came after a boycott campaign against retailers carrying products having Trump family labels.
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21.
President Donald Trump responded with a tweet directed at Nordstrom, condemning the brand for its treatment of his daughter.
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22.
In October 2017, Nordstrom launched its first "Nordstrom Local" in West Hollywood, which is set to focus on personal shopping and styling, rather than carrying merchandise.
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23.
Nordstrom was a lifetime employee of his family's company, rising through the ranks until he became a vice-president and then co-president.
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24.
In late September, Nordstrom announced that by the end of 2021, their stores and websites would no longer sell products made from fur or exotic skins.
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25.
In October 2021, Nordstrom announced a partnership with 11 Honore, a luxury e-retailer focused on plus-sized designer fashion, where the company's clothing will be accessible in Nordstrom stores as well as on the retailer's website.
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26.
Four full-line Nordstrom stores were announced for the first phase of expansion, with nine full-line stores total expected in the long term.
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27.
Nordstrom Rack opened three other additional stores in Fall 2018; one at Heartland Town Centre in Mississauga, one at Ottawa Trainyards, and finally one at South Edmonton Commons.
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28.
For ten days prior to Anniversary Sale, Nordstrom gives early access to members who make appointments.
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29.
Nordstrom Rack originated as a bargain basement in the downtown Seattle flagship store in 1973.
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30.
Nordstrom operates six flagship stores in four U S states and two Canadian provinces.
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31.
In 2009, Nordstrom was listed at No 72 in Fortune magazine's 100 Best Companies to Work For 2009.
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32.
Nordstrom is a Hall of Fame member of Fortune magazine's "100 Best Companies to Work For".
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33.
Nordstrom was No 36 on the same list in 2008, No 24 in 2007, No 46 in 2006 and No 88 in 2005.
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