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JWN
By : Jessica Edwards
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Industries & Major
Competitors
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Company History Timeline
1887: John W. Nordstrom left his home land (Sweden) to NYC
1897: He moved to Alaska in pursuit of seeking gold, earned
$13,000 in a gold mine stake and then returned to Seattle
1901: John Nordstrom & a new friend, Carl Walling, opened their
1st shoe store called “Wallin & Nordstrom”
1928: John retired and sold his share of the company to this two
sons: Everett and Elmer Nordstrom
1960: Nordstrom had eight stores located in Washington and
Oregon. The downtown store in Seattle became the largest shoe
store in the country.
1968: The three bro’s decided to retire and handed the company
over to the 3rd Nordstrom generation
1971: WENT PUBLIC
1988: Nordstrom made the big move to the East Coast and
opened a beautiful new store in Virginia
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A Little Bit More History
2009: Nordstrom operated 210 U.S. stores
TODAY: Nordstrom operates 116 full-line stores, 91 Nordstrom
Racks, 2 Jeffery boutiques and one clearance store
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Products
Apparel
Shoes
Cosmetics
Accessories
Home products / Home goods
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Brands
Citizens of Humanity
Miss me
!It Jeans
Ugg
Steve Madden
Tory Burch
Coach
Dolce&Gabbana
Chanel
Clinique
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Locations
28 states including: North Carolina, New York, Maryland,
Florida, ect…
Majority of stores are located on the west or east coast
59 stores are located in California alone
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Mission Statement
“To maintain a workforce that represents many
backgrounds, while remaining deeply committed to
cultivating an environment where the contributions of every
employee, customer and vendor are valued and respected.”
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Executive Team
Laurie Black – General Merchandise Manager
Robert E. Campbell – Treasurer & VP of Investor Relations
James Howell – VP of Finance
Kevin Knight – Chairman, CEO of Nordstrom, President of
Nordstrom Credit
Michael Koppel – CFO
Daniel Little & Anne Martin – Chief Marketing Officers
Erick Nordstrom – President of Stores
S.K. Thomas –President of Nordstrom Racks
Peter Nordstrom – President of Merchandising
Ken Worzel – Exec VP of Strategy and Development
Blake W. Nordstrom - President
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Marketing / Advertising
Mainly sell to customers who are between
25 and 54 years of age
Women’s Apparel – 34% of net sales
Shoes – 22% of net sales
Men’s Apparel – 15% of net sales
Women’s Accessories – 12% of net sales
Cosmetics – 11% of net sales
Children’s Apparel – 3% of net sales
Other – 3% of net sales
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Financial Information
Fiscal Year
2010
Net Sales
$9,310
Earnings before income
taxes
991
Net Earnings
613
In millions…
From 2009 – 2010
Nordstrom’s net
sales increased by
16.7%
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Stock Information
JWN
October 26, 2011 4:01 p.m.
JWN (common stock)
Exchange
NYSE (US Dollar)
Opening Price
$51.57
Change (%)
- $0.17 (0.34%)
Closing Price
$50.46
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Future Prediction
I believe that since Nordstrom sells many
different brands and varieties of products
they will continue to be successful. With
styles continuously changing, Nordstrom
seems to always be up to date on the current
fashions, accessories and home goods.