Nordstrom Inc.

Product / Service

Nordstrom Inc.

Nordstrom calls on apparel brands to fill gaps in sizing by expanding women's size ranges, noting that most brands offer women's sizes 2-12 and plus sizes of 18-24 but fewer offerings in sizes 0, 2, 14, 16, 18

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Nordstrom Inc.

Nordstrom announces Kelley Hall has joined company as SVP, chief accounting officer; Hall most recently was VP, CFO for Nike's Enterprise Operations

Nordstrom Inc. company details

Nordstrom is a retailer that provides a range of brand name and private label merchandise focused on apparel, shoes, cosmetics and accessories, with operations of 262 U.S. stores located in 35 states as of Mar 17 2014. Co. has two segments: Retail, which included Co.'s 117 Nordstrom branded full-line stores and online store at Nordstrom.com, 142 off-price Nordstrom Rack stores, one clearance store that operated under the name Last Chance, an online private sale subsidiary HauteLook, Inc., and its two Jeffrey boutiques; and Credit, which includes its federal savings bank, Nordstrom fsb, through which Co. provides a private label credit card, two Nordstrom VISA credit cards and a debit card.

Address: 1617 Sixth Avenue, Seattle, WA 98101 | Tel: 206 628-2111 | http://www.nordstrom.com

Nordstrom Inc. Latest News

Nordstrom family needed roughly US$7B to fund deal to take company private, but 13% interest rate demanded by lenders--about twice the average borrowing cost for typical retailers--was too high, reports Bloomberg
Oct. 17, 2017, Bloomberg LP
Nordstrom's decision to suspend attempts to take the company private resulted from difficulties in arranging funds for the deal ahead of the holiday season; company's shares fall 5% in early trading
Oct. 16, 2017, Thomson Reuters Corp.
Nordstrom family notifies board that it has suspended exploration of taking the company private for the remainder of this year, intends to resume exploring possibility of going private at end of holiday season
Oct. 16, 2017, Business Wire

Trending Topics

Brick-and-Mortar Retail
Demographics
Gender
New Market/Market Expansion
Online Retail/E-Commerce
Personalization
Private Funding
Sales & Earnings
Small-Format Store

Financial Coverage

3,793 millions US$
110 millions US$
354 millions US$
9.33%
April 2018
2017-10-19
USA

Additional News

Nordstrom calls on apparel brands to fill gaps in sizing by expanding women's size ranges, noting that most brands offer women's sizes 2-12 and plus sizes of 18-24 but fewer offerings in sizes 0, 2, 14, 16, 18
Oct. 02, 2017, PR Newswire
Nordstrom family struggling to amass financing needed to take its department-store chain private, according to published report; Toys R Us bankruptcy reportedly has made lenders more nervous about retail, casting more doubt on Nordstrom transaction
Oct. 02, 2017, Bloomberg LP
Nordstrom opens its third Toronto location, a 140,000-sq.-ft., two-level store at CF Sherway Gardens
Sep. 15, 2017, CNW Group Ltd.
Private-equity firm Leonard Green & Partners may provide about US$1B to fund a buyout of Nordstrom, setting the stage for retailer's founding family to take Nordstrom private
Sep. 13, 2017, Bloomberg LP
Nordstrom shares suffer worst decline in more than a month following announcement of plan to open a 'neighborhood-hub' shop in California, called Nordstrom Local, that will focus on services
Sep. 11, 2017, Bloomberg LP
Nordstrom launches Nordstrom Local, company's latest retail concept, with 3,000-sq.-ft. location in West Hollywood; service-focused store, with no dedicated inventory, provides customers with personal stylists, order pickup, delivery, returns
Sep. 11, 2017, Nordstrom Inc.
Nordstrom expands Reserve Online & Try In Store service to nearly 40 US stores, following a pilot in six stores; program allows customers to select items online, have a nearby store salesperson collect items and reserve a dressing room
Aug. 28, 2017, PR Newswire
Nordstrom announces Kelley Hall has joined company as SVP, chief accounting officer; Hall most recently was VP, CFO for Nike's Enterprise Operations
Aug. 21, 2017, PR Newswire
Nordstrom's board of directors approves quarterly dividend of US$0.37/share, payable Sept. 12 to shareholders of record as of Aug. 28
Aug. 17, 2017, Business Wire

Nordstrom Inc. Financial References

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