BNET Industries

Market Cap:$7.8B
Last Fiscal Year Sales:$8.8B
  • Public
  • US
Dow Jones Description

Nordstrom's got fashion sense. Founded in 1901 and based in Seattle, WA, Nordstom, Inc. (NYSE: JWN) is one of the largest upscale retailers in the US, carrying apparel, shoes and accessories for women, men and children. The company generates revenue of $7.7 billion and employs 53,000 people. In addition to its traditional full-line stores, the company operates outlet store, Nordstrom Rack, a freestanding shore store, a clearance store, an e-commerce site and catalogs. Fanonnable boutiques design high-quality men's and women's apparel and accessories. The Product Group coordinates the design and production of private label merchandise and the Credit division operates the company's private-label and co-branded Visa credit cards. In August 2005 the company purchased a majority interest in Jeffrey, the operator of luxury specialty stores, Jeffrey New York and Jeffrey Atlanta.

Chief Executive Officer
Kevin T Knight
Number of Employees 51,000
Contact Information

1617 6th Ave Ste 700

Seattle, Washington 98101-1707

www.nordstrom.c...

(206) 628-2111

NAICS Code Family Clothing Stores: 448140

Recent Events

  • Nordstrom November Same-store Sales Up 2.2% - Update

    12/03/09 - Bond / Stock Rating - View Story

  • U.S. Retailers Post Disappointing November Sales

    12/07/09 - Financial Announcement - View Story

  • Nordstrom Reports November Sales

    12/03/09 - Site Opening - View Story

  • Nordstrom to open new store in Peoria, Arizona

    11/30/09 - Planned Site Openings - View Story

  • Nordstrom to open first N.C. Rack store

    11/23/09 - Planned Site Openings - View Story

  • Nordstrom Rack to Open First Store in North Carolina

    11/25/09 - Planned Site Openings - View Story

  • Nordstrom JWN Declares $0.16 Quarterly Dividend; 1.8% Yield

    11/18/09 - Stock Split / Dividend - View Story

  • Coach Is A Keeper

    11/16/09 - Bond / Stock Rating - View Story

  • Comtex SmarTrendR Morning Call -- November 17, 2009

    11/17/09 - Bond / Stock Rating - View Story

  • US STOCKS-Futures rise as dollar slides, commodities gain

    11/16/09 - Bond / Stock Rating - View Story

  • Chico's FAS Q3 Profit Surges, Tops Consensus; Shares Rise - Update

    11/18/09 - Financial Announcement - View Story

  • Retail Report Nordstrom joins Twilight trend

    11/14/09 - Board Member - Entering - View Story

  • JPMorgan Analyst Raised Price Target By $3 For Nordstrom (JWN,JPM)

    11/09/09 - Bond / Stock Rating - View Story

  • Nordstrom October Comps Up 6.5% - Update

    11/05/09 - Site Opening - View Story

  • Nordstrom Launches International Shopping in 30 Countries

    11/04/09 - Product Announcement - View Story

  • Notable Analyst Rating Changes 11/02: MOT, UFS, GNW, EL, JWN, WY, RCL, CS Upgraded; RIMM,...

    11/02/09 - Bond / Stock Rating - View Story

  • Opening View: Dow Futures Rise on Strong Walt Disney Co. Outlook

    11/13/09 - Financial Announcement - View Story

  • Eden Prairie mall's tax appeal backfires

    10/28/09 - Planned Site Openings - View Story

News & Analysis

marketing and nordstrom inc. - All News and Analysis

Decision Makers

Name (plus bio) Position
Kevin T Knight Chief Executive Officer
Blake W. Nordstrom President
Daniel F. Little Executive Vice President & Chief Administrative Officer
Michael G. Koppel Executive Vice President & Chief Financial Officer
Delena M. Sunday Executive Vice President, Human Resources & Diversity Affairs
James F. Nordstrom Jr. Executive Vice President & President, Nordstrom Direct
Laurie M. Black Executive Vice President
Linda Toschi Finn Executive Vice President, Marketing
Loretta Soffe Executive Vice President
Margaret Myers Executive Vice President
Paul F. Favaro Executive Vice President, Strategy and Development
Peter E. Nordstrom Executive Vice President & President, Merchandising
Scott A. Meden Executive Vice President & President, Nordstrom Rack
David G. Johanson Vice President, Secretary & Counsel
David P. Lindsey Vice President of Store Planning
James A. Howell Vice President, Finance
Robert E. Campbell Treasurer & Vice President, Investor Relations
Terri Rose Vice President & Director, Marketing, FLS
David M. Witman Executive Vice President & General Merchandise Manager, Menswear & Kidswear Divisions
Jack H. Minuk Executive Vice President & General Merchandise Manager, Shoe Division
Alice Wong Corporate Counsel
Colleen Fukui-Sketchley Corporate Diversity Affairs Specialist
Diane Hirt Senior Benefits Analyst

Board of Directors

Name (plus bio) Position
Enrique Hernandez Jr. Chairman
Alison A. Winter Board of Directors
Erik B. Nordstrom Board of Directors
Philip Glen Satre Board of Directors
Phyllis J. Campbell Board of Directors
Robert D. Walter Board of Directors
Robert G. Miller Board of Directors

Organization Position Status
Nordstrom, Inc. Chief Executive Officer Current
Nordstrom Credit, Inc. President Current
Nordstrom, Inc. Executive Vice President Former

Organization Position Status
Nordstrom Direct CEO Current
Nordstrom, Inc. President Current
Nordstrom, Inc. Board of Directors Current
Nordstrom Direct President Former
Nordstrom, Inc. President Former

Organization Position Status
Nordstrom, Inc. Executive Vice President & Chief Administrative Officer Current

Organization Position Status
Nordstrom Direct Cfo & Executive Vice President Current
Nordstrom, Inc. Executive Vice President & Chief Financial Officer Current
Nordstrom, Inc. Executive Vice President Former
Nordstrom, Inc. Board of Directors Former

Organization Position Status
Nordstrom Direct Executive Vice President, HR Current
Nordstrom, Inc. Executive Vice President, Human Resources & Diversity Affairs Current
Hispanic Business Inc. Former
The Essence Former

Organization Position Status
Nordstrom, Inc. Executive Vice President & President, Nordstrom Direct Current
Nordstrom, Inc. Board of Directors Former

Organization Position Status
Nordstrom, Inc. Executive Vice President Current
Nordstrom, Inc. General Merchandise Manager, Cosmetic Division Current

Organization Position Status
Nordstrom, Inc. Executive Vice President, Marketing Current

Organization Position Status
Nordstrom, Inc. Executive Vice President Current
Nordstrom, Inc. General Merchandise Manager, Women's Apparel Division Current

Organization Position Status
Nordstrom, Inc. Executive Vice President Current
Nordstrom, Inc. General Merchandise Manager, Accessories and Women's Specialized Divisions Current

Organization Position Status
Nordstrom, Inc. Executive Vice President, Strategy and Development Current

Friends of KEXP (KEXP) is pleased to announce the election of Peter Nordstrom to its board of directors effective November 6, 2006. Mr. Nordstrom is President, Merchandising for Nordstrom, Inc and brings a combination of business expertise and a love for eclectic, independent music. Mr. Nordstrom served the past four years as president of KEXP's community advisory council.

Organization Position Status
Nordstrom, Inc. Executive Vice President & President, Merchandising Current
Nordstrom, Inc. Board of Directors Current
Kexp Board of Directors Current
Nordstrom, Inc. Executive Committee Member Current
Nordstrom, Inc. Executive Vice President Former

Organization Position Status
Nordstrom, Inc. Executive Vice President & President, Nordstrom Rack Current

Organization Position Status
Nordstrom, Inc. Vice President, Secretary & Counsel Current

David P. Lindsey, FAIA, is Vice President of Store Planning for Nordstrom, Inc., one of the nations leading fashion-specialty retailers with over 150 stores and facilities nationwide. Lindsey has overseen the design and construction of all company facilities since 1973. Projects include all new stores, renovations and retail concepts, corporate offices, call centers, computer facilities, and distribution centers. He has overseen (fostered) the development of more than twenty-million square feet of retail stores with a value in excess of four-billion dollars during his career. A significant portion of his time is spent in the real estate arena where he is involved with evaluation and site selection for Nordstrom stores. This includes market and site review, developer negotiation, city and agency reviews, along with other appropriate activities that might be involved. He assists in the development and is signatory to all capital projects involving real estate, design, and construction for Nordstrom. As an active ICSC member, Lindsey has chaired panels at the spring leasing convention, chaired and been a panelist at many ICSC Centerbuild conferences. He was one of the original Centerbuild conference advisory panel members, where he served for many years in the 90’s. He has guest lectured at the University of Washington, The University of Kansas, and the Seattle Chamber of Commerce, and was past member of the University of Washington College of Architecture and Urban Planning advisory board. Representing Nordstrom Lindsey has received numerous awards including the Peter Glen, Retailer of the Year award in 2006. A fellow of the American Institute of Architects (AIA) and a member of the International Council of Shopping Centers (ICSC) and the Urban Land Institute, David Lindsey is certified by the National Council of Architectural Registration Boards.

Organization Position Status
Nordstrom, Inc. Vice President of Store Planning Current

Organization Position Status
Nordstrom, Inc. Vice President, Finance Current

Organization Position Status
Nordstrom, Inc. Treasurer & Vice President, Investor Relations Current
Madonna Foundation Director of Development Current
The Buckle, Inc. Board of Directors Current

Organization Position Status
Nordstrom, Inc. Vice President & Director, Marketing, FLS Current

Organization Position Status
Nordstrom, Inc. Executive Vice President & General Merchandise Manager, Menswear & Kidswear Divisions Current
Nordstrom, Inc. General Merchandise Manager, Men's and Kidswear Division Former

Organization Position Status
Nordstrom, Inc. Executive Vice President & General Merchandise Manager, Shoe Division Current

Organization Position Status
Vabaw Co-Founder Current
Nordstrom, Inc. Corporate Counsel Current
Vabaw Board of Directors Current
Crew Inc. Member Current
Real Property Inc Member Current
Cairncross & Hempelmann Partner Former
Cairncross & Hempelmann Principal Former
University of Washington School of Law B.A. Former

Colleen Fukui-Sketchley is the Corporate Diversity Affairs Specialist for Nordstrom, Inc. In her position, she focuses on executing corporate initiatives through community outreach and contributions to national non-profit organizations. These initiatives assist with the company's efforts to recruit, hire, retain and improve customer service across all business units. Colleen has been with Nordstrom since she graduated with a degree in Speech Communications from the University of Washington in 1994. Colleen currently serves on the boards of the Educational Opportunity Programs (EOP) for the University of Washington's Office of Minority Affairs, the University of Washington Alumni Association, the Asian Pacific American Women's Leadership Institute (APAWLI) and the Washington State Business Leadership Network.

Organization Position Status
Nordstrom, Inc. Corporate Diversity Affairs Specialist Current
The Center for Asian Pacific American Women Chair Current

Diane Hirt, a Senior Benefits Analyst for Nordstrom, is a working mother and a 29-year resident of East King County. She helps find ways to improve the health and productivity of employees and guides her team to determine how they can focus and refine their business strategy and processes. Diane's business background includes experience in human resources and benefits administration for the insurance, public television and retail industries. She has volunteered with Habitat for Humanity, local senior centers and actively works with the American Cancer Society to promote disease prevention. Having adopted her son through the Washington State foster care system, Diane knows personally how important it is to provide comprehensive services and support for the children and families within our communities.

Organization Position Status
Nordstrom, Inc. Senior Benefits Analyst Current
Children's Response Center Board of Directors Current

Organization Position Status
Inter-Con Security Systems, Inc. Chief Executive Officer Current
Nordstrom, Inc. Chairman Current
Inter-Con Security Systems, Inc. Chairman Current
McDonald's Corporation Chairperson Current
University of Notre Dame Member, Board of Trustees Current
Chevron Corp. Board of Directors Current
Los Angeles County Museum of Art Vice Chairman, Board of Trustees Current
McDonald's Corporation Board of Directors Current
Wells Fargo & Company Board of Directors Current
Tribune Company Compensation & Organization Committee Member Current
Nordstrom, Inc. Compensation Committee Member Current
McDonald's Corporation Executive Committee Member Current
Inter-Con Security Systems, Inc. President Former
Tribune Company Nominating & Governance Committee Chairman Former
Nordstrom, Inc. Director Former
Tribune Company Director Former
Harvard Law School Juris Doctoris Former
Harvard University Law Degree Former
Loyola High School Graduate Former
Harvard University Bachelor’S Degree Former
Harvard University law degree Former

Organization Position Status
Nordstrom, Inc. Board of Directors Current
Nordstrom, Inc. Corporate Governance & Nominating Committee Member Current
Northern Trust Corporation President, Northeast Personal Financial Services Former
Northern Trust Corporation Executive Vice President Former
Nordstrom, Inc. Director Former

Organization Position Status
Nordstrom Direct Executive Vice President & President, Stores Current
Nordstrom, Inc. Board of Directors Current
Nordstrom, Inc. Executive Committee Member Current

Satre is a graduate of Stanford University with a Bachelor of Arts degree in Psychology and a J.D. from the University of California at Davis. He attended the Senior Executive Development Program at M.I.T.'s Sloan School of Management in 1982. Satre has been given many honors and awards during his career including being elected by the AGA to the Gaming Hall of Fame, awarded the East Coast Gaming Congress Lifetime Achievement Award as well as the Lifetime Achievement Award from the American Gaming Summit. Satre has been named Gaming Executive of the Year by the Casino Journal and selected as Best Chief Executive in the Casino and Hotel Industries by the Wall Street Journal.

Organization Position Status
Nevada Power Company Chairman of The Board Current
Stanford University Board of Trustees Current
Sierra Pacific Resources Board of Directors Current
TABCORP Holdings Limited Board of Directors Current
Rite Aid Corporation Board of Directors Current
Nordstrom, Inc. Board of Directors Current
Harrah's Entertainment, Inc. CEO Former
Sierra Pacific Power Company Chairman of The Board Former
TABCORP Holdings Limited Director Former
University of California, Davis J.D. Former
Stanford University Bachelor of Arts Degree In Psychology Former
University of California, Davis Bachelor of Arts Degree In Psychology Former

Phyllis J. Campbell is lead independent director of Puget Energy and Puget Sound Energy. She has been president and chief executive officer of The Seattle Foundation since 2003. Prior to that she was chair of the Community Board of U.S. Bank, Washington from 2001 to 2003, and was the bank's president from 1993 to 2001. Campbell has been a director of Puget Energy since its incorporation in 1999 and of Puget Sound Energy since 1993. She also serves as a director of Nordstrom, Alaska Air Group, Inc., and Joshua Green Corporation. She is on the Board of Governors of the Washington State University Foundation.

Organization Position Status
Puget Sound Energy, Inc. Lead Independent Director of Puget Energy and Puget Sound Energy Current
Puget Energy, Inc. Independent Director Current
Votepal Current
JPMorgan Chase & Co. Chairman, Pacific Northwest Current
Nordstrom, Inc. Board of Directors Current
Puget Sound Energy, Inc. Board of Directors Current
Seattle University Board of Directors Current
Alaska Airlines International and Travel Pie LLC Board of Directors Current
Alaska Air Group, Inc. Board of Directors Current
Joshua Green Corporation Director Current
The Seattle Foundation President Former
The Seattle Foundation CEO Former
U.S. Bancorp Chairman of Board Former
Safeco Corporation Board of Directors Former
Puget Energy, Inc. Board of Directors Former
Washington State University BA In Business Administration Former

Organization Position Status
Battelle Memorial Institute Board of Directors Current
YUM! Brands, Inc. Board of Directors Current
American Express Company Board of Directors Current
Nordstrom, Inc. Board of Directors Current
Cardinal Health, Inc. Chief Executive Officer Former
NYSE Group, Inc. Former
Cardinal Health, Inc. Chairman Former
Cardinal Health, Inc. Board of Directors Former
Harvard Business School master's degree in Business Administration Former
Ohio University bachelor's degree in Science in Mechanical Engineering Former

Organization Position Status
Wild Oats Markets, Inc. Chief Executive Officer Current
Harrah's Entertainment, Inc. Committee Member Current
Harrah's Entertainment, Inc. Board of Directors Current
Risqua Director Current
Rite Aid Corporation Board of Directors Current
Nordstrom, Inc. Board of Directors Current
Rite Aid Corporation CEO Former
Fred Meyer, Inc. Board Chairman Former
Rite Aid Corporation Chairman Former

Executive News

  • Nordstrom Reports August Sales

    Business Wire - 9/03/09 - View Story

  • Nordstrom Refinances Revolving Credit Facility

    Business Wire - 8/14/09 - View Story

  • Nordstrom Reports Second Quarter 2009 Earnings

    RBC Dain Raushcer - 8/13/09 - View Story

  • Nordstrom Reports Second Quarter 2009 Earnings

    Business Wire - 8/13/09 - View Story

  • Nordstrom Reports Second Quarter 2009 Earnings

    Business Wire via MSN Money - 8/13/09 - View Story

  • Nordstrom to sell 'Twilight' clothing line

    1057 The Bull - 7/23/09 - View Story

  • Nordstrom to sell 'Twilight' clothing line

    96.1 The River - 7/23/09 - View Story

  • Nordstrom to sell 'Twilight' clothing line

    95.9 Kiss FM - 7/23/09 - View Story

  • Nordstrom to sell 'Twilight'-related apparel

    Seattle Bizjournals - 7/23/09 - View Story

  • Nordstrom partners with Summit Entertainment for 'The Twilight Saga: New Moon' merchandise

    Examiner.com - 7/23/09 - View Story

  • Nordstrom to Launch Exclusive The Twilight Saga: New Moon Apparel and Jewelry Collection in October

    PR Newswire - 7/23/09 - View Story

  • Nordstrom to open Rack in Manhattan next spring

    Seattle Times - 7/21/09 - View Story

  • Nordstrom to open first Rack outlet in Manhattan

    Biz Journals - 7/21/09 - View Story

  • Nordstrom Rack to Open First Manhattan Store at One Union Square South

    PR Newswire via Yahoo! - 7/21/09 - View Story

  • Nordstrom to open first Rack outlet in Manhattan

    Seattle Bizjournals - 7/21/09 - View Story

  • Nordstrom Rack to Open in Cherry Creek, Colorado

    PR Newswire - 7/15/09 - View Story

  • Regence Adds New, Diverse Talent to Board of Directors

    Reuters - 6/30/09 - View Story

  • Regence Adds New, Diverse Talent to Board of Directors

    PR Newswire - 6/30/09 - View Story

  • CEO pay sinks for first time in years

    Seattle Times - 6/27/09 - View Story

  • Northwest CEO pay sinks for first time in years

    Seattle Times - 6/26/09 - View Story

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     JWN $36.05 +0.54 (1.52% )
Average Volume 4,525,860
Shares Outstanding 217.49M
Market Cap 7.8B
Year High 36.52
Year Low 10.72
Earnings Per Share 1.54
P/E Ratio 23.41
Dividend 0.64
Yield 1.78
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