May 22, 2013
Nordstrom (NYSE: JWN) sells apparel, shoes, cosmetics and accessories to customers who are typically between 25-54 years of age and generate a household income in excess of $100,000. The company positions itself as an "affordable luxury" retailer that operates all of its 100+ Nordstrom full-line department stores in the U.S. exclusively. The company also operates 70+ off-price Nordstrom Rack stores.
Near-luxury and discount retailers, like Nordstrom, are vulnerable to slowdowns in consumer spending on such merchandise, which typically exaggerates the peaks and valleys of the overall economy.
(Read more at Wikinvest
) - Company Overview
- Business Segments
- Retail Stores, Direct, and Other (96% of net sales)
- Credit (4% of net sales)
- Business Growth
- FY 2010 (ended January 30, 2011)[1]
- Trends and Forces
- Near-Luxury Retailers Suffer in Sluggish Economy
- Innovate Online Tools Allow Nordstrom To Gain Competitive Advantage In Rebounding Economy
- Competition
- References


