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Nordstrom, Inc.
As of May 30, 2026 at 24:05 UTC
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About Nordstrom, Inc.
Nordstrom is a fashion retailer that operates about 93 department stores and 280 off-price Nordstrom Rack stores. The company also operates both full- and off-price e-commerce sites, two clearance stores, and six Local locations. Nordstrom's largest merchandise categories are women's apparel (27% of 2023 sales), shoes (26% of 2023 sales), men's apparel (15% of 2023 sales), and beauty (13% of 2023 sales). Nordstrom, which traces its history to a shoe store opened in Seattle in 1901, continues to be partially owned and managed by members of the eponymous family. They have partnered with Mexican retailer El Puerto de Liverpool to acquire the company.
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Latest News
5 articles
Nordstrom reported strong Q4 2024 earnings, exceeding expectations due to effective cost management and digital sales growth, despite inventory and expense challenges.
Nordstrom's board of directors has approved a quarterly dividend of 19 cents per share, payable on March 26, 2025, to shareholders of record as of March 11, 2025.
Lulus, an attainable luxury fashion brand, is expanding its distribution through new collaborations with Nuuly, Poshmark, and Von Maur, as well as strengthening relationships with Nordstrom and Dillard's. These initiatives aim to reach new customers and solidify Lulus' position as the go-to dress destination.
Shareholder rights law firm Johnson Fistel, LLP has launched an investigation into whether the board members of Nordstrom, Inc. breached their fiduciary duties in connection with the proposed sale of the company to the Nordstrom family and El Puerto de Liverpool, S.A.B. de C.V. at $24.25 per share.