Nordstrom

Nordstrom, a publicly owned company headquartered in the US Virgin Islands, was founded in 1901 and employs approximately 44,940 individuals, reporting $15.0B in revenue as of 2024. The company specializes in physical retail, functioning as an American luxury department store chain. Originally operating exclusively as a shoe store, a second location opened in 1923, and the chain began selling clothing in 1963, becoming a full-line retailer by 1971. The company established its off-price Nordstrom Rack division in 1973, expanding both full-line and off-price divisions across the United States. Its full-line division operates in competition with department stores such as Bloomingdale's, Macy's, Neiman Marcus, and Saks Fifth Avenue, while the off-price division competes with retailers including the TJX Companies and Ross Stores. Previous international expansions included operations in Puerto Rico (2015–2020) and Canada (2014–2023).