Nordstrom, Inc.
0K8J.L
London Stock Exchange24.64
USD
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Nordstrom, Inc.
0K8J.L
(London Stock Exchange)
Recent
price
24.64
P/E
ratio
- -
div
yld
- -
ROIC.AI
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in mil. unless spec.- Similar Companies
- Business
- Nordstrom, Inc. is an American upmarket department store chain headquartered in Seattle, Washington, founded in 1901. The company primarily operates as a fashion retailer, offering a broad range of core products including apparel, shoes, accessories, beauty products, and home furnishings for women, men, children, and young adults. Its product portfolio includes full-price fashion merchandise and off-price items through its Nordstrom Rack division. Nordstrom also provides financial services through Nordstrom Bank, which offers credit and debit cards, certificates of deposit, and interest-bearing checking accounts linked to its Nordstrom Rewards loyalty program. The company has a notable presence across the United States through over 381 full-line Nordstrom and Nordstrom Rack stores, and it operates service hubs called Nordstrom Local that focus on online order pickup and personal styling. In terms of recent major changes, Nordstrom transitioned to a privately held company in May 2025 following a $6.25 billion buyout deal led by the Nordstrom family in partnership with the Mexican retailer El Puerto de Liverpool. This strategic move involved delisting from the New York Stock Exchange and has placed the Nordstrom family in controlling ownership alongside Liverpool. The company’s leadership under Co-CEOs Erik and Pete Nordstrom aims to focus on delivering exceptional service and maintaining its high-quality merchandise standards as it embarks on this new chapter. Furthermore, Nordstrom continues to innovate through expansions in its product offerings and physical retail experience, including flagship locations—such as its largest NYC flagship store on West 57th Street—and boutiques that feature emerging designers and exclusive brands. The company remains competitive in the department store segment against peers like Bloomingdale's, Neiman Marcus, and Saks Fifth Avenue while also competing off-price against retailers like TJX Companies. Nordstrom operates mainly within the US market but has expanded and later contracted its presence in Canada and Puerto Rico. It maintains a multi-segment business model with divisions including full-line department stores and off-price outlets, complemented by a growing digital and experiential retail focus. The company’s extensive product range caters to diverse customer segments from luxury to off-price shoppers, combining quality merchandise with tailored customer service offerings. Nordstrom’s strategic alliances, like its previous partnership with Tesla for retail galleries, underscore its efforts to blend traditional retail with innovative consumer experiences. Overall, Nordstrom, Inc. is a leading fashion retailer characterized by its comprehensive product assortment across apparel, shoes, accessories, and beauty, supported by financial services and service-oriented retail formats. Its recent privatization and leadership continuity position it to reinforce its brand stature and service excellence in the competitive retail landscape. The company’s headquarters remain in Seattle, Washington, continuing its legacy as a nearly 125-year-old retail institution with a progressive outlook on growth and customer engagement.