Search icone
Search and publish your papers

Nordstrom Inc

Or download with : a doc exchange

About the author


About the document

Published date
documents in English
case study
4 pages
3 times
Validated by
0 Comment
Rate this document
  1. Background of the company.
  2. Industry description.
  3. Company description.
  4. Mission statement.
  5. SWOT analysis.
    1. Strengths.
    2. Weaknesses.
    3. Opportunities.
    4. Threats.

John W. Nordstrom was only 16 years old in 1887 when he left his home country of Sweden to fulfill the American Dream in New York City. With no English speaking ability and only five dollars in his pocket, Nordstrom had a hard time making ends meet by laboring in mining and logging camps as he travelled across the United States to California and Washington. After ten years, Nordstrom read in the newspaper about the Klondike Gold Rush in Alaska and decided the next day to pack up and head to join the gold rush (About Nordstrom: Company History 2007).

[...] The company changed its name into Nordstrom Best when it purchased another fashion retail store in Portland. The store now offered shoes and fine apparel and expanded to Men's and children's clothing and apparel in 1966 to offer all the wardrobe needs of the entire family. In 1968, the sons of John Nordstrom decided to retire and to hand over the company to the next Nordstrom generation, that of John's grandchildren. Nordstrom went public in 1971 and quickly surpassed the $100 million sales mark. [...]

[...] As of Jan 2006, Nordstrom Inc. has operated a total of 156 stores which are distributed throughout 27 states in the United States. Nordstrom Inc. offers a huge selection of brand name and private-label merchandise. Nordstrom Inc.'s principal activity is the retailing of a wide and diverse range of apparel, shoes and accessories for women, men and children. The company comprises of four segments namely; Retail Stores, Credit, Direct and Other. The Retail Stores segment of Nordstrom Inc. derives its revenues and profits from the sales of high-quality apparel, shoes, cosmetics and accessories. [...]

Similar documents you may be interested in reading.

Analyzing financial statements : security Analysis

 Economics & finance   |  Finance   |  Research papers   |  09/29/2010   |   .doc   |   8 pages

French cosmetics in the United States

 Business & market   |  Business strategy   |  Term papers   |  12/31/2010   |   .doc   |   60 pages

Top sold for business strategy

International Business Strategy - Acer, Inc.: Taiwan's rampaging dragon

 Business & market   |  Business strategy   |  Case study   |  09/29/2010   |   .doc   |   8 pages

Nike's outsourcing strategy

 Business & market   |  Business strategy   |  Case study   |  01/27/2011   |   .doc   |   5 pages