JWN on NYSE

Nordstrom

Logo: Nordstrom, Inc., Public domain, via Wikimedia Commons5

American luxury department store chain

Nordstrom, Inc. is an American upmarket department store chain headquartered in Seattle, Washington, and founded by John W. Nordstrom and Carl F. Wallin in 1901. The original store operated exclusively as a shoe store, and a second location opened in 1923. The growing chain began selling clothing in 1963, and became the full-line retailer that presently exists by 1971.3 It employed about 72,500 people in 2015.1 Its shares trade on NYSE under the symbol JWN.1 Wikipedia text CC BY-SA 4.0

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Last updated Oct 21, 2026.

Overview

$15.0BRevenue, fiscal 20256
$294.0MNet income, fiscal 20256
1901Founded1

Compare with Gap Inc., Ross Dress for Less or Urban Outfitters, or pick any stock.

  • TickerJWN on NYSE1
  • Industryretail1
  • HeadquartersSeattle1
  • Founded inWashington, D.C.1
  • Websitewww.nordstrom.com
  • Incorporated inWA7
  • Business address1617 Sixth Avenue, Seattle, Wa 98101-44077
  • Filer categoryLarge accelerated filer7
  • Legal formProfit Corporation4
  • LEI549300S3IZB5P35KNV164
  • StatusActive4
  • LEI statusLapsed (not renewed)4
  • Registered addressC/O CORPORATION SERVICE COMPANY, 98501 Tumwater, United States4
  • Registered withCorporations Division (Office of the Secretary of State), 178 071 1384
Nordstrom
Photo: https://www.flickr.com/photos/pintong/, CC BY 2.0, via Wikimedia Commons10

Nordstrom, Inc. is an American upmarket department store chain headquartered in Seattle, Washington, and founded by John W. Nordstrom and Carl F. Wallin in 1901. The original store operated exclusively as a shoe store, and a second location opened in 1923. The growing chain began selling clothing in 1963, and became the full-line retailer that presently exists by 1971. The company 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. The full-line division competes with department stores including Bloomingdale's, Dillard's, Neiman Marcus, and Saks Fifth Avenue, while the off-price division competes with retailers including TJX and Ross Stores. Previous expansions beyond the contiguous United States include Puerto Rico (2015–2020) and Canada (2014–2023).3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

2.0%Net margin6
2.2%Revenue growth, 20256
25.8%Return on equity6
2.30×Debt to equity6

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Selling, general and admin34¢$5.1B
  • Other costs63¢$9.4B
  • Interest1¢$102.0M
  • Income tax1¢$99.0M
  • Profit2¢$294.0M

Out of $15.0B in revenue.6

Where each dollar of operating cash went, fiscal 2025

  • Dividends paid10¢$124.0M
  • Kept or used elsewhere90¢$1.1B

Out of $1.3B of cash from operations.6

Financial statements

Revenue11121314156$15.0B in 2025−3% since 2018
0$5.0B$10.0B$15.0B$20.0B2018: $15.5B$15.5B20182019: $15.9B$15.9B2019+2%2020: $15.5B$15.5B2020−2%2021: $10.7B$10.7B2021−31%2022: $14.8B$14.8B2022+38%2023: $15.5B$15.5B2023+5%2024: $14.7B$14.7B2024−5%2025: $15.0B$15.0B2025+2%
Gross profit1611$5.2B in 2020−1% since 2018
0$2.0B$4.0B$6.0B2018: $5.2B$5.2B20182019: $5.3B$5.3B2019+1%2020: $5.2B$5.2B2020−2%
Net income11121314156$294.0M in 2025−33% since 2018
-$1.0B-$500.0M0$500.0M$1.0B2018: $437.0M$437.0M20182019: $564.0M$564.0M2019+29%2020: $496.0M$496.0M2020−12%2021: -$690.0M-$690.0M20212022: $178.0M$178.0M20222023: $245.0M$245.0M2023+38%2024: $134.0M$134.0M2024−45%2025: $294.0M$294.0M2025+119%
Fiscal year20182019202020212022202320242025
Revenue$15.5B11$15.9B12$15.5B13$10.7B14$14.8B15$15.5B6$14.7B6$15.0B6
Gross profit$5.2B16$5.3B11$5.2B11
Selling, general and admin$4.7B11$4.9B12$4.8B13$4.2B14$5.0B15$5.0B6$4.9B6$5.1B6
Interest$136.0M11$104.0M12$102.0M13$181.0M14$246.0M15$128.0M6$104.0M6$102.0M6
Income before tax$246.0M15$337.0M6$147.0M6$393.0M6
Income tax$353.0M11$169.0M12$186.0M13-$538.0M14$68.0M15$92.0M6$13.0M6$99.0M6
Net income$437.0M11$564.0M12$496.0M13-$690.0M14$178.0M15$245.0M6$134.0M6$294.0M6
Earnings per share$2.6211$3.3712$3.2013-$4.3914$1.1215$1.536$0.836$1.796
Earnings per share (diluted)$2.5911$3.3212$3.1813-$4.3914$1.1015$1.516$0.826$1.746
Shares (weighted, basic)159.0M shares15160.1M shares6161.8M shares6164.3M shares6
Shares (weighted, diluted)162.5M shares15162.1M shares6163.4M shares6168.9M shares6

Compare Nordstrom with another company

Corporate structure

Nordstrom sits at the top of its group. 6 entities, 2 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Nordstrom

  • Erik B. Nordstrom Filed SCHEDULE 13D/A on Nordstrom, latest May 20, 2025 (4 filings since Apr 18, 2024)
  • El Puerto de Liverpool, S.A.B. de C.V. Filed SCHEDULE 13D/A on Nordstrom, latest May 20, 2025 (4 filings since Sep 15, 2022)
  • VANGUARD GROUP INC Filed SCHEDULE 13G/A on Nordstrom, latest Jan 31, 2025 (6 filings since Feb 10, 2022)
  • State Street Corporation Filed SC 13G/A on Nordstrom, latest Oct 18, 2024 (2 filings since Jan 24, 2024)
  • Of Bruce A. Nordstrom Estate Filed SC 13D/A on Nordstrom, latest Jun 14, 2024 (2 filings since Jun 5, 2024)
  • Charles W. Riley Jr. Filed SC 13D on Nordstrom, latest Apr 25, 2024
  • Anne E. Gittinger Filed SC 13G/A on Nordstrom, latest Feb 14, 2024 (3 filings since Feb 11, 2022)
  • Bruce A. Nordstrom Filed SC 13G/A on Nordstrom, latest Feb 14, 2024 (3 filings since Feb 11, 2022)
  • BlackRock Filed SC 13G/A on Nordstrom, latest Jan 31, 2024 (3 filings since Feb 7, 2022)
  • FMR LLC Filed SC 13G/A on Nordstrom, latest Feb 9, 2023 (2 filings since Feb 9, 2022)
  • Nordstrom Tumwater, Washington, United States
    • HauteLook Subsidiary · Los Angeles
    • Trunk Club Subsidiary · Chicago
    • Nordstrom Canada Retail, Inc. Subsidiary · Vancouver, British Columbia, Canada
    • Nordstrom Card Services, Inc. Subsidiary · Delaware, United States
    • Nordstrom Rack Subsidiary

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; subsidiaries, stakes and holdings from Wikidata (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Nordstrom reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, before depreciation$11.8B6 Feb 1, 2025$11.4B6 Feb 3, 2024+3.1%
Accumulated depreciation$8.7B6 Feb 1, 2025$8.3B6 Feb 3, 2024+6.0%
Property and equipment, net$3.0B6 Feb 1, 2025$3.2B6 Feb 3, 2024−4.3%
Operating-lease assets (leased space)$1.4B6 Feb 1, 2025$1.4B6 Feb 3, 2024+4.4%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$1.0B6 Feb 1, 2025$628.0M6 Feb 3, 2024+64.8%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$249.0M6 Feb 1, 2025$249.0M6 Feb 3, 20240%

Inventory

ItemLatestA year beforeChange
Inventory, total$2.1B6 Feb 1, 2025$1.9B6 Feb 3, 2024+11.4%

Properties, in its own words

(Square footage amounts in thousands)

Number of Locations

The rest of Item 2

Supply Chain Network · Nordstrom · Nordstrom Rack · Total Square Footage

Leased buildings on leased land · 1 · 18 · 278 · 13,139

Owned buildings on leased land · — · 54 · — · 9,919

Owned buildings on owned land · 8 · 24 · 1 · 8,250

Partly owned and partly leased · — · 2 · — · 544

Total · 9 · 98 · 279 · 31,852

Count · Square Footage

Fiscal year · 2024 · 2023 · 2024 · 2023

Total, beginning of year · 369 · 368 · 32,381 · 33,693

Openings:

Nordstrom · — · — · — · —

Nordstrom Rack · 23 · 19 · 648 · 531

Relocations, remodels or changes · — · — · — · (8)

Closures · (6) · (18) · (1,177) · (1,835)

Total, end of year · 386 · 369 · 31,852 · 32,381

The following table lists our Supply Chain Network and retail store count and square footage by state as of February 1, 2025:

Supply Chain Network · Nordstrom · Nordstrom Rack · Total

Count · Square Footage · Count · Square Footage · Count · Square Footage · Count · Square Footage

Alabama · — · — · — · — · 1 · 27 · 1 · 27

Alaska · — · — · — · — · 1 · 35 · 1 · 35

Arizona · — · — · 1 · 235 · 11 · 365 · 12 · 600

California · 3 · 1,671 · 26 · 3,669 · 68 · 2,349 · 97 · 7,689

Colorado · — · — · 2 · 387 · 8 · 268 · 10 · 655

Connecticut · — · — · 2 · 341 · 1 · 36 · 3 · 377

Delaware · — · — · 1 · 127 · 1 · 32 · 2 · 159

Florida · 1 · 221 · 6 · 1,031 · 19 · 621 · 26 · 1,873

Georgia · — · — · 2 · 383 · 6 · 214 · 8 · 597

Hawaii · — · — · 1 · 195 · 2 · 78 · 3 · 273

Idaho · — · — · — · — · 1 · 37 · 1 · 37

Illinois · — · — · 4 · 947 · 17 · 623 · 21 · 1,570

Indiana · — · — · 1 · 134 · 3 · 85 · 4 · 219

Iowa · 2 · 1,529 · — · — · 1 · 35 · 3 · 1,564

Kansas · — · — · 1 · 219 · 3 · 90 · 4 · 309

Kentucky · — · — · — · — · 1 · 33 · 1 · 33

Louisiana · — · — · — · — · 3 · 90 · 3 · 90

Maine · — · — · — · — · 1 · 30 · 1 · 30

Maryland · 1 · 451 · 3 · 603 · 6 · 219 · 10 · 1,273

Massachusetts · — · — · 3 · 452 · 7 · 266 · 10 · 718

Michigan · — · — · 2 · 430 · 5 · 178 · 7 · 608

Minnesota · — · — · 2 · 380 · 4 · 134 · 6 · 514

Missouri · — · — · 2 · 342 · 2 · 69 · 4 · 411

Nebraska · — · — · — · — · 1 · 30 · 1 · 30

Nevada · — · — · 1 · 207 · 4 · 132 · 5 · 339

New Jersey · — · — · 4 · 817 · 8 · 284 · 12 · 1,101

New Mexico · — · — · — · — · 1 · 34 · 1 · 34

New York · — · — · 5 · 838 · 7 · 244 · 12 · 1,082

North Carolina · — · — · 2 · 300 · 4 · 134 · 6 · 434

Ohio · — · — · 3 · 549 · 8 · 282 · 11 · 831

Oklahoma · — · — · — · — · 2 · 67 · 2 · 67

Oregon · 1 · 374 · 2 · 363 · 7 · 243 · 10 · 980

Pennsylvania · 1 · 976 · 2 · 381 · 7 · 240 · 10 · 1,597

Rhode Island · — · — · — · — · 1 · 38 · 1 · 38

South Carolina · — · — · — · — · 3 · 101 · 3 · 101

Tennessee · — · — · 1 · 145 · 4 · 117 · 5 · 262

Texas · — · — · 8 · 1,413 · 23 · 760 · 31 · 2,173

Utah · — · — · 2 · 277 · 4 · 130 · 6 · 407

Virginia · — · — · 2 · 452 · 7 · 268 · 9 · 720

Washington · — · — · 6 · 1,270 · 12 · 442 · 18 · 1,712

Washington D.C. · — · — · — · — · 2 · 66 · 2 · 66

Wisconsin · — · — · 1 · 150 · 2 · 67 · 3 · 217

Total · 9 · 5,222 · 98 · 17,037 · 279 · 9,593 · 386 · 31,852

Our headquarters are located in Seattle, Washington, where our offices consist of both leased and owned space.

As of March 21, 2025, we have announced 20 Nordstrom Rack store openings and one Nordstrom store closure in 2025 and one Nordstrom Rack store opening in 2026. Additionally, subsequent to year-end, we closed one Nordstrom Local service hub and plan to reopen it as a storefront dedicated to personal styling.

Item 2 of the 10-K filed Mar 21, 2025.21

The story

Founded by John W. Nordstrom in 1901, in Washington, D.C..1

John W. Nordstrom was born on February 15, 1871, in the village Alvik near Luleå in Northern Sweden. In 1887, Nordstrom immigrated to the United States at the age of 16. His name at birth was Johan Wilhelm Nordström (Swedish pronunciation: [ˈjuːhɑn ˈvɪlhɛlm ˈnuːr(d)strœm]), which he later anglicized to John W. Nordstrom. After landing in New York, he began working in Michigan and was able to save enough money to purchase a 20-acre (81,000 m2) potato farm in Arlington, Washington. In 1897, he joined the Klondike Gold Rush in Canada's Yukon Territory. After two years of prospecting, he finally struck gold, then sold his disputed claim for $13,000. Returning to Seattle with his newfound wealth, he married Hilda Carlson in 1900 and searched for a business venture.

From Wikipedia’s article on Nordstrom, shared under CC BY-SA 4.0.8

Leadership

Who has led Nordstrom, and when. Pick a name to see everywhere that person has worked.

Board members and other officers (75)

Products and brands

Operations during 20th century

Wallin & Nordstrom and Nordstrom Best

Nordstrom eventually settled on a shoe store that opened in 1901, called Wallin & Nordstrom. Carl F. Wallin, the co-founder of the store, was the owner of the adjacent shoe repair shop. John and Hilda had five children, three of whom would follow him into the family business, Everett W. (1903), Elmer J. (1904) and Lloyd N. Nordstrom.

In 1928, John W. Nordstrom retired and sold his shares to two of his sons, Everett and Elmer. In 1929, Wallin also retired and sold his shares to them. The 1930 grand opening of the remodeled Second Avenue store marked the change of name to Nordstrom. Lloyd Nordstrom subsequently joined the company in 1933, and the three brothers ran the business together for almost forty years.

By 1958, Nordstrom had expanded to eight stores in two states but still sold only shoes. Apparel came with its purchase of Best's Apparel of Seattle in 1963, and the company's name was changed to Nordstrom Best.

Following renaming to Nordstrom

In 1971, the company was taken public on National Association of Securities Dealers Automated Quotations (NASDAQ). It was one of the first companies to be listed on the then-newly established stock exchange. It was moved to the New York Stock Exchange in 1999 under the ticker symbol JWN after John W. Nordstrom, its founder.

Read the full text

Their business continued beyond stores in 1974. On December 5, the National Football League announced the signing of a franchise agreement that would put a team in Seattle, Washington. Representing the family as majority partner of the consortium was Lloyd W. Nordstrom. However, he would never see a game as owner, as he died of a heart attack on January 20, 1976, eight months before the newly christened Seattle Seahawks took the field. With his death, the estate of Mr. Nordstrom would oversee the team, with co-owner and entrepreneur Herman Sarkowsky serving as the team's first chief operating officer.

By 1975, Nordstrom expanded into Alaska (the only time by acquisition) by purchasing Northern Commercial Company and opened its first Nordstrom Rack clearance store in Seattle. A strong northwest regional retailer with sales already approaching $250 million making it the third-largest specialty retailer in the United States, the company opened its first Southern California store at South Coast Plaza in Costa Mesa in 1978. By the early 1990s, it had opened 26 stores plus Racks in California. Subsequent expansion relied on creating a strongly decentralized regional structure, beginning with the Northeast in the Tysons Corner Center in Virginia (1988), the Midwest in the Oakbrook Center in Illinois (1991), the Southeast in Atlanta (1998), and the Southwest in Dallas (1996). In a new region, the initial store was used as a base for training and recruitment for subsequent expansion, and was usually backed by its own distribution center. From 1978 to 1995, Nordstrom opened a total of 46 full-line department stores.

In 1976, Nordstrom opened a series of stores called Place Two to sell a more limited selection of apparel in smaller markets. By 1983, there were ten Place Two stores, but the cost of upgrading the smaller stores, especially from a systems perspective, outweighed the benefit, and the division was discontinued. The last two remaining Place Two stores closed on April 1, 1995. In August 1988, the Nordstroms sold the Seahawks to real estate developer Ken Behring and his partner Ken Hofmann for $80 million.

The company also expanded into direct sales in 1993, beginning with a catalog division led by John N.'s son Dan that was followed by an e-commerce business. Nordstrom.com's fulfillment and contact centers are located in Cedar Rapids, Iowa; and Seattle, Washington. Currently, it has distribution centers in Ontario, California; Newark, California; Portland, Oregon; Dubuque, Iowa; Upper Marlboro, Maryland; and Gainesville, Florida.

Nordstrom FSB, a wholly owned subsidiary of Nordstrom, Inc., is a federally chartered savings bank doing business as Nordstrom Bank. It was formed in 1991 in Scottsdale, Arizona, with its customer contact center in Centennial, Colorado. Nordstrom FSB was formerly known as Nordstrom National Credit Bank and changed its name to Nordstrom FSB in March 2000. The bank offers various banking and credit products, such as Nordstrom Signature VISA, Nordstrom retail credit and debit cards, interest-bearing checking accounts, check cards, and certificates of deposits. It offers Nordstrom customers cards under Nordstrom Rewards – its customer loyalty program – where customers earn points when making purchases with the card at Nordstrom and other retailers.

In 1995, Nordstrom opened their first store location in New York State. It is located at The Westchester, an upscale shopping mall in White Plains, New York, a suburb of New York City. Nordstrom has since opened stores at Roosevelt Field in Garden City, New York in 1997, and Manhattan in 2019.

Beginning in 1995, the fourth generation of brothers and cousins had been co-presidents for a time. John Whitacre was appointed as the first non-Nordstrom CEO in 1997. In 1998, Nordstrom replaced its downtown Seattle store with a new flagship location in the former Frederick & Nelson building across the street. A two-year renovation of this location was completed in 2016. At 383,000 square feet (35,600 m2), the downtown Seattle location is the chain's largest store. By contrast, the smallest Nordstrom store, as of September 2008, opened in 1980 in Salem, Oregon, with a total area of just under 72,000 square feet (6,700 m2). This location has since closed.

In 1998, Nordstrom opened its first location in the Southeast at Perimeter Mall in Dunwoody, Georgia.

Operations during 21st century

2000–2009

In 2000, the Nordstrom family reasserted its control, with the sons of Bruce A. (Blake, Erik and Peter) assuming senior roles in the company which they continue to hold. Blake Nordstrom served as sole President of the company from 2000 to 2014 with Erik and Peter joining him as co-Presidents in 2015. Nordstrom sold its stand-alone boutique chain Façonnable in 2007, though it still offers that label in its lineup.

2010–2019

In February 2011, Nordstrom announced the acquisition of HauteLook, an LA-based online retailer that offers flash sales on designer goods. The deal included Nordstrom paying $180 million in stock and a three-year "earn-out" payment based on HauteLook's financial performance. On May 26, 2011, Nordstrom announced that they would be closing the downtown Indianapolis, Indiana, Circle Center Mall location due to declining business at the site. 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, also on the north side, remained as the only two locations in the state. Erik Nordstrom, president of stores at Nordstrom stated, "We've enjoyed serving our customers in downtown Indianapolis, but unfortunately our business has declined over the long term for some time and despite our efforts to turn things around we don't see the outlook significantly changing."

In August 2011, Nordstrom opened the Treasure & Bond store in SoHo, New York. The store was intended to test the New York high-end retail market, and its profits were donated to charity. The store targeted a younger demographic than Nordstrom’s typical customer base.

Nordstrom announced plans to open a Nordstrom Rack in Milwaukee in 2014. In late November 2012, Nordstrom announced that they would also be opening a full-line Nordstrom Department Store in 2015 in Milwaukee at Mayfair Mall, a half-mile away from the Nordstrom Rack location. Milwaukee was the largest metropolitan area in the country that did not have a Nordstrom until 2015. Such unmet demand was highlighted in Nordstrom's decision to open in the Milwaukee area.

On January 4, 2013, Nordstrom announced plans for a new location in the Minneapolis-Saint Paul metropolitan region. The store, to be located at the Ridgedale Center, would be the second in the area. Following the success of its Mall of America opening in 1992, Nordstrom sought to expand in the Twin Cities market. Plans for a Ridgedale Center store were first released in 2007, only to be canceled in 2009. The location eventually opened in September 2015.

Nordstrom opened a 138,000-square-foot, two-level, full-line store March 2015 in The Mall of San Juan in San Juan, Puerto Rico. After Hurricane Maria in 2017, the store suffered major water damage and it closed temporarily after the hurricane. Nordstrom reopened the store on November 9, 2018. On May 7, 2020, Nordstrom announced that it would not reopen due to COVID-19 pandemic, leaving this store closed permanently.

In May 2015, Pete and Erik Nordstrom joined their brother Blake Nordstrom as co-presidents of Nordstrom. This arrangement lasted until Blake Nordstrom's death in January 2019. Before this appointment, Pete Nordstrom was executive vice president and president of merchandising while Erik Nordstrom was executive vice president and president of Nordstrom.com.

Nordstrom opened its first Rack location in Philadelphia in the fall of 2014. In the fall of 2015, Nordstrom opened their first Nordstrom Rack store in Delaware. The company opened its first full-line store in New York City on April 12, 2018, a three-floor store at 57th Street and Broadway, in the Columbus Circle neighborhood.

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.

In 2016, Nordstrom began selling products from J. Crew, Olivia Palermo + Chelsea28, Adore Me, and Eloquii. In 2017, Nordstrom announced they would be expanding their natural beauty-focused stations.

On February 2, 2017, Bloomberg News reported that Nordstrom would cease to carry Ivanka Trump's branded fashion line, citing weak sales. The retailer cuts 10 percent of its most poorly performing brands each year. Nordstrom's action came after a boycott campaign against retailers carrying products having Trump family labels. President Donald Trump responded with a tweet directed at Nordstrom, condemning the brand for its treatment of his daughter. The company's stock dropped by 0.65% in the aftermath of the tweet before ending the day with a gain of more than 4%. Fortune declared this quick recovery to have broken Trump's market-moving "tweet curse".

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. In June 2017, Nordstrom Inc.'s founding family, which owned 31.2 percent of the company, said it was looking to take Nordstrom private. In October, the family suspended its efforts, because of trouble completing a financing package. Lenders were asking for 13 percent interest, about twice the typical rate for retailers.

On January 2, 2019 Blake Nordstrom, co-president of Nordstrom, died suddenly at the age of 58. He was a lifetime employee of his family's company, rising through the ranks until he became a vice-president and then co-president. In fiscal year 2019, digital sales reached 33% of total sales, marking a growing transition to online retail.

2020–present

On March 3, 2020, Erik Nordstrom became the sole CEO of Nordstrom. On March 16, the company announced that effective the following day, all locations would temporarily close during the COVID-19 pandemic. On May 5, Nordstrom began reopening stores and announced that sixteen locations would permanently close by August. 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. In October 2021, Nordstrom announced an agreement with 11 Honoré, an online retailer of plus-sized designer fashion, to sell the company's clothing in Nordstrom stores and on their website.

On December 23, 2024, Nordstrom announced their plans to take the company private in a deal valued at $6.25 billion. The plan involves selling 49.9% percent of the company to Mexican department store and real estate company El Puerto de Liverpool, with the remaining 50.1% controlling stake being held by the Nordstrom family. On the deal, CEO Erik Nordstrom stated that “Today marks an exciting new chapter for the business. On behalf of my family, we look forward to working with our teams to ensure Nordstrom thrives long into the future.” Nordstrom stock was removed from the New York Stock Exchange on May 20, 2025 when the deal was finalized.

In March 2025 Nordstrom landed in an online controversy where it featured "Indian Souvenir Bag" on its website for $48. Many claimed it as a typical colonizer behavior of rebranding local items and retail it for a higher price. The jhola is actually a sustainable and inexpensive bag rooted in Indian culture with now having pejorative connotations.

Design patent dispute with POPFLEX

In early 2025, fitness entrepreneur Cassey Ho, founder of the activewear brand POPFLEX, alleged that Nordstrom and the apparel brand Gottex had infringed upon her U.S. design patent for the "Pirouette Skort" (U.S. Patent No. D1,010,983). Ho identified a "Tutu Skort" sold by Nordstrom and Nordstrom Rack as an unauthorized copy of her patented design, which had gained significant visibility after being worn by Taylor Swift in 2024.

Following a cease-and-desist letter from Ho’s legal team, Gottex’s counsel reportedly threatened a counter-lawsuit for tortious interference and unfair competition, arguing that Ho's public allegations were damaging the vendor's commercial relationship with Nordstrom. While Nordstrom subsequently removed the product from its storefronts, Ho stated in August 2025 that she had declined a settlement offer from the parties involved because it required a non-disclosure agreement (NDA) carrying a $250,000 penalty for each subsequent public mention of the dispute. The incident has been cited as a notable example of an independent designer utilizing intellectual property law to challenge "dupe culture" within major retail chains.

Retail formats

Nordstrom

As of May 2022, there are 100 full-line Nordstrom department stores, which average 140,000 square feet (13,000 m2).

Nordstrom holds six annual sales. Two of these are Half-Yearly sales, which take place semi-annually in May and late December, as well as three additional seasonal sales. Nordstrom's largest sale event is the Nordstrom Anniversary Sale, which is held each July. Limited amounts of merchandise set to be released for the following fall are sent to Nordstrom stores early, where they are sold at discount. For ten days prior to Anniversary Sale, Nordstrom gives early access to members who make appointments.

Nordstrom Local

Nordstrom Local service hubs are oriented for amenities including online order pickup, personal styling, and tailoring. They do not have their own inventory, and instead source merchandise from full-line stores as needed. As of May 2022, there are seven Nordstrom Local locations between New York City and Los Angeles, which average 3,000 square feet (280 m2).

Restaurants

Fast casual and full-service restaurants operate within most Nordstrom full-line stores.

Nordstrom Rack

Nordstrom Rack originated as a bargain basement in the downtown Seattle flagship store in 1973. It has since expanded into an off-price department store chain in its own right. As of May 2022, there are 249 Nordstrom Rack locations. Nordstrom Rack makes up about a fifth of Nordstrom's overall sales. Since 2013 Nordstrom Rack has generated over 2.5 billion dollars in sales.

Its website was launched in February 2014 by HauteLook, which was acquired by Nordstrom in 2011. The Nordstrom Rack e-commerce site was built on a shared platform with HauteLook, which is Nordstrom's flash sale business. On March 22, 2018, Nordstrom Rack opened its first store in Canada, which began its global expansion. All seven Nordstrom Rack stores in Canada closed on May 14, 2023, following Nordstrom's exit from the country. On December 20, 2021, it was reported that Nordstrom was considering spinning-off Nordstrom Rack into a separate company.

Last Chance

Last Chance clearance stores sell merchandise that cannot be resold at Nordstrom or Nordstrom Rack, including Nordstrom Rack returns that exceed the 45-day return policy. As of May 2022, there are two Last Chance locations in the Chicago and Phoenix suburbs.

Flagship stores

As of June 2023, Nordstrom operates four flagship stores in three states. They are noted for being considerably smaller than competitors' flagship stores.

From Wikipedia’s article on Nordstrom, shared under CC BY-SA 4.0.8

Subsidiaries and ownership

Subsidiaries

Subsidiaries (Exhibit 21)

  • Nordstrom Card Services, Inc. Delaware9

From Wikidata.1 The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.

Employees over time

  • 201572,5011

Timeline

  1. May 20, 20258-K Entered a material agreement; Ended a material agreement; Completed an acquisition or sale110
  2. May 19, 20258-K Shareholder vote111
  3. May 16, 20258-K Other events112
  4. May 12, 20258-K Other events113
  5. May 9, 20258-K Other events114
  6. May 9, 20258-K Other events115
  7. Apr 22, 20258-K Financial statements and exhibits116
  8. Apr 4, 20258-K Executive or director change117
  9. Mar 4, 20258-K Results of operations; Executive or director change; Regulation FD disclosure118
  10. Mar 3, 20258-K Other events119
  11. Jan 24, 20258-K Executive or director change120
  12. Jan 10, 20258-K Regulation FD disclosure121
  13. Mar 11, 2020New chief executive Erik B. Nordstrom becomes CEO22
  14. Jan 2, 1990Went public Listed on NYSE1
  15. 1901Founded Founded in Washington, D.C.1

Calendar

When it reported results

  1. Mar 4, 2025Reported quarterly or annual results118
  2. Nov 26, 2024Reported quarterly or annual results122
  3. Aug 27, 2024Reported quarterly or annual results123
  4. May 30, 2024Reported quarterly or annual results124
  5. Mar 5, 2024Reported quarterly or annual results125
  6. Nov 21, 2023Reported quarterly or annual results126
  7. Aug 24, 2023Reported quarterly or annual results127
  8. May 31, 2023Reported quarterly or annual results128

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

470 filings to the SEC since October 2021: 4 annual reports, 10 quarterly reports, 57 major events, 310 insider forms, 30 large holders, 59 other. The latest 20:

  1. Jun 2, 202515-12G EDGAR
  2. May 30, 2025SD EDGAR
  3. May 21, 202525-NSE EDGAR
  4. May 21, 202525-NSE EDGAR
  5. May 20, 20254 OWNERSHIP DOCUMENT EDGAR
  6. May 20, 20254 OWNERSHIP DOCUMENT EDGAR
  7. May 20, 20254 OWNERSHIP DOCUMENT EDGAR
  8. May 20, 20254 OWNERSHIP DOCUMENT EDGAR
  9. May 20, 20254 OWNERSHIP DOCUMENT EDGAR
  10. May 20, 20254 OWNERSHIP DOCUMENT EDGAR
  11. May 20, 20254 OWNERSHIP DOCUMENT EDGAR
  12. May 20, 20254 OWNERSHIP DOCUMENT EDGAR
  13. May 20, 20254 OWNERSHIP DOCUMENT EDGAR
  14. May 20, 20254 OWNERSHIP DOCUMENT EDGAR
  15. May 20, 20254 OWNERSHIP DOCUMENT EDGAR
  16. May 20, 20254 OWNERSHIP DOCUMENT EDGAR
  17. May 20, 20254 OWNERSHIP DOCUMENT EDGAR
  18. May 20, 20254 OWNERSHIP DOCUMENT EDGAR
  19. May 20, 20254 OWNERSHIP DOCUMENT EDGAR
  20. May 20, 20254 OWNERSHIP DOCUMENT EDGAR

The 470 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

12 open-market trades by officers, directors and large owners since October 2021: 1 buys and 11 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Sep 24, 2024DePree AlexisChief Operating OfficerSale20,000$23.20$464.0KForm 4
Oct 5, 2023Lionello GemmaPresident, Nordstrom RackSale32,916$14.36$472.7KForm 4
Jun 30, 2023Redwine Farrell B.Chief Human Resources OfficerSale33,364$20.37$679.6KForm 4
Jun 9, 2023Bariquit TeriChief Merchandising OfficerSale25,000$19.51$487.8KForm 4
Feb 2, 2023Worzel KenChief Customer OfficerSale28,645$21.00$601.5KForm 4
Feb 1, 2023Worzel KenChief Customer OfficerSale1,540$20.08$30.9KForm 4
Aug 8, 2022BRAMMAN ANNE LChief Financial OfficerSale32,204$24.08$775.5KForm 4
Jun 21, 2022BRAMMAN ANNE LChief Financial OfficerSale13,333$24.66$328.8KForm 4
May 26, 2022BRAMMAN ANNE LChief Financial OfficerSale13,333$24.20$322.7KForm 4
Apr 18, 2022BRAMMAN ANNE LChief Financial OfficerSale13,334$28.74$383.2KForm 4
Mar 11, 2022NORDSTROM PETER EPres. & Chief Brand OfficerSale10,178$23.83$242.5KForm 4
Nov 26, 2021DirectorBuy22,000$21.27$467.9KForm 4

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

  • Erik B. NordstromSCHEDULE 13D/A, 4 filings Apr 18, 2024 to May 20, 2025129
  • Puerto De Liverpool S.a.b. De C.v. ElSCHEDULE 13D/A, 4 filings Sep 15, 2022 to May 20, 2025130
  • VANGUARD GROUP INCSCHEDULE 13G/A, 6 filings Feb 10, 2022 to Jan 31, 2025131
  • State Street CorporationSC 13G/A, 2 filings Jan 24, 2024 to Oct 18, 2024132
  • Of Bruce A. Nordstrom EstateSC 13D/A, 2 filings Jun 5, 2024 to Jun 14, 2024133
  • Charles W. Riley Jr.SC 13D, 1 filing Apr 25, 2024134
  • Anne E. GittingerSC 13G/A, 3 filings Feb 11, 2022 to Feb 14, 2024135
  • Bruce A. NordstromSC 13G/A, 3 filings Feb 11, 2022 to Feb 14, 2024136
  • BlackRockSC 13G/A, 3 filings Feb 7, 2022 to Jan 31, 2024137
  • FMR LLCSC 13G/A, 2 filings Feb 9, 2022 to Feb 9, 2023138

Members of Congress who traded it

2 trades disclosed by members of Congress. “Vs S&P since” is the stock’s change since the trade minus the S&P 500’s.

DateMemberTradeAmountVs S&P sinceFiling
Apr 2, 2020Dean Phillips, HouseSale$1,001 - $15,000Report
Dec 6, 2019Gilbert Ray Cisneros, Jr.Democratic, HouseBuy$1,001 - $15,000Report

Members report amounts as ranges, not exact figures. Returns are price-only (no dividends).

SEC filer profile

How Nordstrom is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARNORDSTROM INC2
  • CIK0000072333
  • Employer ID (EIN)91-051505821
  • Filer statusLarge accelerated filer not an emerging growth company; not a smaller reporting company; not a shell company21
  • Incorporated inWashington21
  • Fiscal year endsFebruary 12
  • Industry code (SIC)5651 Retail-Family Clothing Stores2
  • SEC reviewing officeOffice of Trade & Services, Division of Corporation Finance2
  • Business address1617 Sixth Avenue, Seattle, WA 98101-44072
  • Mailing address1617 Sixth Avenue, Seattle, WA 981012
  • Phone20662821112
  • Shares outstanding166,898,470 shares as of Mar 14, 202521
  • Public float$2.7B as of Aug 2, 202421
  • AuditorDeloitte & Touche LLP, Seattle, Washington PCAOB ID 34; it also attests to the company’s internal control over financial reporting21
  • On EDGAR sinceFeb 10, 19942
  • Filings4,034 in all: 4 (2,475), 4/A (473), 8-K (442), SC 13G/A (95), 10-Q (93), 3 (88), 10-K (32), DEF 14A (31)2
    All 55 form types

    8-K/A (28), DEFA14A (25), 11-K (24), S-8 (23), UPLOAD (22), CORRESP (19), SC 13G (18), S-8 POS (13), SD (13), 3/A (12), 144 (8), 424B3 (8), 424B5 (8), 5 (7), FWP (6), SC 13D (6), SC 13D/A (6), 10-Q/A (5), S-3ASR (5), S-3 (4), 10-K/A (3), ARS (3), S-3/A (3), SC 13E3/A (3), SCHEDULE 13D/A (3), 11-K/A (2), 25-NSE (2), 424B7 (2), 8-A12B (2), D (2), EFFECT (2), PRE 14A (2), S-4 (2), 15-12G (1), 424A (1), 424B1 (1), 424B4 (1), CERT (1), DEFM14A (1), NO ACT (1), PREM14A (1), PRER14A (1), RW (1), S-4/A (1), SC 13E3 (1), SCHEDULE 13D (1), SCHEDULE 13G/A (1)

  • Latest filingsAnnual report (10-K) Mar 21, 2025
    Quarterly report (10-Q) Dec 5, 2024
    Proxy statement (DEF 14A) Apr 11, 2024
    Latest 8-K (8-K) May 20, 2025

Securities registered for trading

ClassSymbolExchange
Common stock, without par valueJWNNew York Stock Exchange
Common stock purchase rightsNew York Stock Exchange

From the cover page of the 10-K filed Mar 21, 2025 (Section 12(b) of the Exchange Act).21

Risk factors and legal proceedings

The risks Nordstrom names in Item 1A of its 10-K filed Mar 21, 2025: 27 risks under these headings, as written.21

  • STRATEGIC AND OPERATIONAL RISKS
  • If we are unable to successfully execute our customer strategy, grow our customer base or evolve our business model, it could negatively impact our business and future profitability and growth.
  • Our business could suffer if we do not appropriately assess and react to competitive market forces and changes in customer behavior.
  • Our customer relationships and sales may be negatively impacted if we do not anticipate and respond to consumer preferences and fashion trends or manage inventory levels appropriately.
  • Any inability to mitigate global labor and merchandise pricing pressures or disruptions may negatively impact our profitability.
  • Improvements to our processes and systems for our Supply Chain Network, inventory, buying, vendor payment and accounting could adversely affect our business if not successfully executed.
  • If we do not effectively attract, retain, train and develop talent and future leaders, our business may suffer.
  • If earnings from our Nordstrom-branded credit cards decline, our financial and operational results may be negatively impacted.
  • The Merger Agreement and the pendency of the Merger could have a material adverse effect on our business, results of operations, financial condition and stock price.
  • While the Merger Agreement is in effect, we are subject to restrictions on our business activities.
  • Litigation related to the Merger could prevent or delay completion of the Merger or otherwise negatively affect our business and operations.
  • The Merger may not be completed within the expected timeframe, or at all, and significant delay or the failure to complete the Merger could adversely affect our business.
The other 16 risks
  • DATA, CYBERSECURITY AND INFORMATION TECHNOLOGY RISKS
  • Even if we take appropriate measures to safeguard our information, network and environment from security breaches or unauthorized disclosures, our customers, employees and business could still be exposed to risk.
  • Our business may be impacted by information technology system failures or network disruptions.
  • REPUTATION AND RELATIONSHIP RISKS
  • Our customer, employee, vendor, third-party partner, landlord and other stakeholder relationships could be negatively affected if we fail to maintain our corporate culture and reputation.
  • Our business depends on third parties for the production, supply and delivery of goods and/or services, and a disruption could result in lost sales or increased costs.
  • Supply Chain
  • Our ability to effectively market our brands, sell product through third-party platforms and make our own apps available for customers relies heavily on a variety of third-party publishers, platforms and distribution channels. If the regulatory environment or these third parties limit or change the terms of marketing, distribution or use of data, it could adversely affect our results of operations.
  • The concentration of stock ownership in a small number of our shareholders may limit a shareholder’s ability to influence corporate matters and impact the price of our shares.
  • INVESTMENT AND CAPITAL RISKS
  • If we fail to appropriately manage our capital, we may negatively impact our operations and shareholder return.
  • Owning and leasing real estate exposes us to possible liabilities and losses.
  • The investment in existing and new locations may not achieve our expected returns.
  • ECONOMIC AND EXTERNAL MARKET RISKS
  • Our revenues and operating results are affected by the seasonal nature of our business and cyclical trends in consumer spending.
  • A downturn in economic conditions, currency fluctuations, inflation, unemployment and bankruptcy rates, changes in fiscal stimulus or interest rates and other external market factors have had and could have a significant adverse effect on our business and stock price.
  • Our stores located in shopping centers and malls have been and may be affected by consumer traffic at shopping centers and malls.
  • The results from our credit card operations could be adversely affected by changes in market conditions or laws.
  • Our business and operations could be materially and adversely affected by severe weather patterns, climate change, natural disasters, widespread pandemics, epidemics, civil unrest and other natural or man-made economic, political or environmental disruptions.
  • LEGAL AND REGULATORY RISKS
  • We are subject to certain laws, litigation, regulatory matters and ethical standards, and compliance or failure to comply with or adequately address developments as they arise could adversely affect our reputation and operations.
  • Changes to accounting rules and regulations could affect our financial results or financial condition.

Legal proceedings

We are subject from time to time to various claims and lawsuits arising in the ordinary course of business, including lawsuits alleging violations of state and/or federal wage and hour and other employment laws, privacy and other consumer-based claims. Some of these lawsuits may include certified classes of litigants, or purport or may be determined to be class or collective actions and seek substantial damages or injunctive relief, or both, and some may remain unresolved for several years. We believe the recorded accruals in our Consolidated Financial Statements are adequate in light of the probable and estimable liabilities.

On March 2, 2023, Nordstrom Canada commenced a wind-down of its business operations pursuant to a CCAA proceeding overseen by the Ontario Superior Court of Justice. See Note 2: Canada Wind-down in Part II for more information.

As of the date of this report, we do not believe any other currently identified claim, proceeding or litigation, either alone or in the aggregate, will have a material impact on our results of operations, financial position or cash flows. Since these matters are subject to inherent uncertainties, our view of them may change in the future.

The opening of Item 3, Legal Proceedings.21

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