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By : Jessica Edwards

JWN. By : Jessica Edwards. Industries & Major Competitors. 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

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By : Jessica Edwards

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  1. JWN By : Jessica Edwards

  2. Industries & Major Competitors

  3. 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

  4. 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

  5. Products • Apparel • Shoes • Cosmetics • Accessories • Home products / Home goods

  6. Brands • Citizens of Humanity • Miss me • !It Jeans • Ugg • Steve Madden • Tory Burch • Coach • Dolce&Gabbana • Chanel • Clinique

  7. 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

  8. 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.”

  9. 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

  10. 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

  11. Financial Information From 2009 – 2010 Nordstrom’s net sales increased by 16.7% In millions…

  12. Stock InformationJWN October 26, 2011 4:01 p.m. JWN (common stock)

  13. 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.

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