Nordstrom
Nordstrom is one of the nation's leading retailers,
offering a wide variety of high-quality apparel, shoes and
accessories for men, women and children.
Over the years, Nordstrom has built a thriving
business on the principles of quality, value, selection and
amazing customer service. Find distinctive name brand
clothing and accessories at Nordstrom.
History of
Nordstrom
Nordstrom was founded in 1901 as Wallin &
Nordstrom by John W. Nordstrom, a Swedish immigrant who moved
to the United States in 1887, and Carl Wallin, the owner of a
Seattle shoe store, whom Nordstrom had met during the
Klondike gold rush. Twenty-two years later, a second shoe
store was opened.
In 1928, John W. Nordstrom retired and sold his
shares to two of his sons, Everett and Elmer (according to
the book The Nordstrom Way). In 1929, Wallin retired and sold
his remaining shares to the two Nordstrom sons. Lloyd
Nordstrom joined the company in 1933.
Thirty-one years later, Nordstrom had expanded to
eight stores in two states but still only sold shoes. Apparel
came with its purchase of Best Apparel of Seattle in 1963.
The company's name was changed to Nordstrom Best in 1969. Two
years later the company was taken public. (It currently
trades on the New York Stock Exchange under the ticker symbol
JWN.) In 1973, "Best" was dropped from the company's
name.
In 1976 Nordstrom opened a series of stores called
Place Two to sell a more limited selection of apparel in
smaller markets. In 1983 there were ten Place Two stores, but
by 1994 there were only four stores and the division was
discontinued by the end of that year.
The company has opened a ".com" fulfillment center
in Cedar Rapids, Iowa. Currently, it has distribution centers
in Ontario, California; Portland, Oregon; Dubuque, Iowa;
Annapolis, Maryland; and Gainesville, Florida. In 1998,
Nordstrom replaced its downtown Seattle store with a new
flagship location in the former Frederick & Nelson
building across the street. At 383,000 square feet, the
downtown Seattle store is the chain's largest as of February
2007. By contrast, the smallest Nordstrom store (as of
February 2007) opened in 1975 in Anchorage, Alaska, and has a
total area of 97,000 square feet.
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