Nordstrom

Nordstrom is a publicly owned American luxury department store chain founded in 1901 by John W. Nordstrom and Carl F. Wallin. Initially a shoe store, it expanded to include clothing in 1963, evolving into a full-line retailer by 1971. In 1973, the company established its off-price Nordstrom Rack division. As of 2024, Nordstrom employs approximately 44,940 people and generates over $1 billion in annual revenue. Its headquarters are located in the US Virgin Islands. The company's full-line stores compete with other high-end department stores, while its Nordstrom Rack stores compete in the off-price retail market. Nordstrom has previously operated stores in Canada and Puerto Rico.