Nordstrom's Business Analysis

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Nordstrom’s was founded by John W. Nordstrom in 1901. Nordstrom began as a shoe store and blossomed into a bigger establishment, which lead to expanding their brand to offer more than just shoes. Fast forward to today, and they have added speciality clothing brands, handbags, cosmetics, fragrances and even accessories. “Nordstrom is known first for its experience and second for its product offering” (Schmidt, 2015). Nordstrom headquarters are located in Seattle, Washington where the company first began their business. Nordstrom currently has 267 stores in 35 different states in the U. S which include Nordstrom Racks, boutiques and of course their full line department stores. Nordstrom has also satisfied the needs of the demand of the technological world by creating websites such as Nordstrom.com, Nordstromrack.com, Trunkclub.com and HauteLook.com. “Speed, …show more content…

Nordstrom is recognized as a company who values people and recognizes their performance. Nordstrom and its employees support many community organizations through special events and volunteering programs. While Nordstrom has a deep care for their community well-being, they also treat their employees with the same respect. While offering great service to every customer, they make sure every employee is courteous to the consumer and even their own co-workers. For 20 consecutive years now, Nordstrom has made Fortune’s 100 best companies to work for. “At a 2014 Great Place to Work conference, Blake Nordstrom, co-president and director, focused his presentation on the retailer’s “culture empowerment,”where “each individual at the company feels like its their name on the door” (Zacklewicz, 20). In 5 years, Nordstrom has gained 110% of their companies shares. “The company is well-positioned to continue that success in the future, according to a recent report by Deutsche Bank” (Lutz,

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