Nordstrom, a publicly owned company headquartered in US Virgin Islands, was founded in 1901 by John W. Nordstrom and Carl F. Wallin. With an approximate employee count of 44,940, the company reported $15.0B in revenue as of 2024. Operating primarily in physical retail, Nordstrom began as a shoe store in Seattle, Washington, expanding to a second location in 1923 and introducing clothing sales in 1963 before becoming a full-line retailer by 1971. The company further diversified by founding its off-price Nordstrom Rack division in 1973, subsequently growing both full-line and off-price operations throughout the United States. Its full-line division competes with department stores including Bloomingdale's, Macy's, Neiman Marcus, and Saks Fifth Avenue, while its off-price division competes with retailers such as the TJX Companies and Ross Stores. Nordstrom also had previous operations in Puerto Rico (2015–2020) and Canada (2014–2023).

2024 Revenue

Founded

1901

Headcount

44,939

Headquarters

US Virgin Islands

Primary Segment

Physical retail

Ownership

Publicly Owned

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Nordstrom offers 3 products in the media and telecoms services industry. Nordstrom's product portfolio comprises of search, social, and retail media and physical retail.
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Nordstrom's revenues were $15.0B in 2024. Caretta Research has split Nordstrom's revenue into 3 different product categories, the largest of which is physical retail, which represents 62% of Nordstrom's revenue.
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