Preview

Swot Analysis Of Nordstrom

Good Essays
Open Document
Open Document
520 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Swot Analysis Of Nordstrom
NORDSTROM.com
Nordstrom, Inc. is an American upscale fashion retailer, which was created John W. Nordstrom and Carl F. Wallin and it’s headquarter is located in Seattle. The company started as a shoe retailer and has ever since extended its inventory including clothing, handbags, accessories, jewelry, cosmetics, and fragrances. Select Nordstrom stores also got wedding and home furnishing departments. There are 323 stores in 38 states and Canada, which is including 119 full-line stores and 183 Nordstrom Racks, two Jeffrey boutiques and one clearance store. Nordstrom also helps customers via Nordstrom.com, the newly created e-commerce site nordstromrack.com, and its online private sale site. Its teams are made up of aggravated individuals who
…show more content…
Nordstrom retired and sold his shares to two of his sons, Everett and Elmer. In 1929, Wallin also retired and sold his shares to them. The 1930 grand launch of the remodeled Second Avenue store marked the change of name to Nordstrom. Lloyd Nordstrom then joined the company in 1933, and the three brothers ran the business jointly for approximately forty years. By 1958, Nordstrom had extended to eight stores in two states but still only dealt in shoes. Their growth was based on customer service, deep product offerings and full size ranges. Apparel came with its acquirement of Best Apparel of Seattle in 1963. The company's name was altered to Nordstrom Absolute Best in 1969. Nordstrom's full-line stores can be found in the states of Alaska, Arizona, Colorado, California, Connecticut, Delaware, Florida, Indiana, Kansas, , Georgia, Hawaii, Illinois Maryland, Massachusetts, Missouri, Michigan, Minnesota Nevada, New York, New Jersey, North Carolina, Oregon, Ohio, Pennsylvania, Rhode Island, Texas, Tennessee, Utah, Virginia, Wisconsin, and …show more content…
Nordstrom officially announced its extension to Canada on September 13, 2012, declaring the launchof 4 locations all owned by Cadillac Fairview. The first three will be in former Sears locations, the result of a 170 million dollar takeover to vacate the sites, and the fourth store is to be a new building in Toronto at the Yorkdale Shopping Centre. The Calgary store opened in Chinook Centre on September 19, 2014, the Ottawa store opened in Rideau Centre on March 6, 2015, and the Vancouver Pacific Centre store opened on September 18, 2015.
Payment Options
You can make your payments via Nordstrom Visa cards, Nordstrom Gift Cards, Nordstrom retail and debit cards, Nordstrom Notes, MasterCard, Visa, JCB, Discover Network, American Express and PayPal.
Delivery Process
It provides FREE Standard Shipping in the U.S., every day, and has multiple holiday shipping options to ensure your gifts arrive on time. Please note that the deadline for some products—which includes beauty and fragrance, Gift Cards, special orders and other products—are diverse from those for common merchandise because a quantity of objects cannot be expedited. To confirm your gift selection will arrive on time, always check the shipping details situated on the exact product

You May Also Find These Documents Helpful

  • Good Essays

    The company is constantly expanding with new full-line stores as well as Nordstrom Rack stores. With the increasing number of new stores, the visibility of the company has encouraged more customers to shop there. Over the years, Nordstrom has been growing their online ecommerce, which has increased sales. Assuring customers about secured credit card payment methods as well as providing timely delivery has helped with the popularity of online shopping through Nordstrom’s corporate website. Nordstrom’s user friendly website shows more product information as well as more availability for products which increases revenue. Increase in consumer spending in the US has been a large opportunity for Nordstrom. An increase in consumer spending has benefitted Nordstrom. “The National Retail Federation projected that retail industry sales may increase by 3.40% in 2012, compared to 2011…

    • 612 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Neiman Marcus is a luxury department store retailer offering upscale assortments of apparel, accessories, jewelry, beauty, and decorative home products to the affluent consumer.…

    • 1073 Words
    • 5 Pages
    Powerful Essays
  • Satisfactory Essays

    Nordstrom Swot Analysis

    • 376 Words
    • 2 Pages

    I would expect to consider retail industries using as a hardware tools is I phone in their organizations in the 21st century. So using I phones as a registers where you checkout. I seen that in only high end location of Nordstrom uses it in New York. The process works in a way of the sales person can help you to get informed about the product and if you decided to buy it you do not have to go to the register. The sales person carries I phone with them and they can check you out right in the spot. Of course this is for credit purchases if you like to use cash basically you will need a change so it has to be checked out through register. But on the other hand debit card can be used instead of credit cards to avoid going through the register.…

    • 376 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Nordstrom vs. Macy's

    • 1282 Words
    • 6 Pages

    Nordstrom, along with the retail industry, sources products from around the world, and this means they encounter a wide…

    • 1282 Words
    • 6 Pages
    Powerful Essays
  • Good Essays

    Nordstrom Vs. Technology

    • 329 Words
    • 2 Pages

    The retail industry is rapidly changing due to technology advancements and consumer demand. Consumers have shifted to ecommerce spending rather than with brick and mortar stores. Nordstrom, a leader in the retail industry, is facing growth issues in retaining consumers under this transition. Despite this major shift in ecommerce spending, Nordstrom has been able to tap into the market by offering a seamless online shopping experience, similar to the experience customers receive in store. Bloomingdales and Macy’s, Nordstrom competitors, are also facing these issues but are less successful in adaptation. The overall trend will force expansion in their online presence, to mitigate the risk of market share loss. Amazon,…

    • 329 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    Also notable is that Penney 's reduced its owners ' equity from 2004 to 2005 while…

    • 2974 Words
    • 12 Pages
    Powerful Essays
  • Powerful Essays

    Over the years Nordstrom has created individual departments that focus on the individual lifestyles of the customers. The company nor only provides its customers with a wardrobe, but also a countless line of accessories, cosmetics, and fragrance. Over the past few years, the company has added new brands to its product line to satisfy its customer needs. In order to give the best possible service to the customer, the company plans on continuing to update the product line as new customer desires evolve.…

    • 10090 Words
    • 41 Pages
    Powerful Essays
  • Better Essays

    Macys vs Nordstroms

    • 2857 Words
    • 12 Pages

    a. Macy’s, Inc. is a retail organization operating retail stores and Internet websites under two brands (Macy’s and Bloomingdale’s) that sell a wide range of merchandise, including men’s, women’s and children’s apparel and accessories, cosmetics, home furnishings and other consumer goods. Macy's’ competitors include other middle priced-ranged department stores including Nordstrom, Bed Bath & Beyond, Belk, Bon Ton, Burlington Coat Factory, Dillard’s, Gap, J.C. Penney, Kohl’s, Limited, Lord & Taylor, Neiman Marcus, Nordstrom, Saks, Sears, Target, TJ Maxx and Wal-Mart. p. 4, 10-K…

    • 2857 Words
    • 12 Pages
    Better Essays
  • Satisfactory Essays

    Swot Analysis

    • 330 Words
    • 2 Pages

    The organization that I have chosen to do my SWOT analysis on is the New Orleans Saints football team. They are among the most successful teams of this decade but not ranked very high as far as most lucrative organizations in the National Football League. They are currently ranked 23rd among the 30 active teams in the national football league. The organization was formed and became a professional football team in 1967. The team got its nickname due to its founding being on All Saints Day on November 1, 1967. The team initially one of the weaker franchises in the league. It didn’t win many games and struggled to sell out games. They have won one Super Bowl title, 5 Division Championships, and made only 9 playoff appearances in its 46 year existence. The ultimate goal of this organization is to win football games and generate revenue by selling tickets and merchandise.…

    • 330 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Neiman Marcus Sales Plan

    • 5354 Words
    • 22 Pages

    Neiman Marcus’s Mission Statement: “Neiman Marcus Stores will be the premier luxury retailer recognized for merchandise leadership and superior customer service. We will offer the finest fashion and quality products in an exceptional environment."…

    • 5354 Words
    • 22 Pages
    Powerful Essays
  • Good Essays

    Nordstrom Employee Issues

    • 478 Words
    • 2 Pages

    Directors owe a duty to Nordstrom to advance its legitimate interests when the opportunity to do so arises. Directors may not take for themselves a business opportunity (or direct a business opportunity to a third party) that is discovered through the use of Nordstrom property, information or position, unless Nordstrom has already been offered the opportunity and determined that it will not pursue that opportunity…

    • 478 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    To begin with, Nordstrom employees treat customers like royalty. Customers are even at the top of Nordstrom’s so-called organization chart. All lower levels work towards supporting the salespeople, who in turn work to serve the customers. Salespeople are given personalized business cards to help them build relationships with customers. They are not tied to their respective departments but to the customers, this turns their salesperson a “personal shopper” of the customers. This opportunity to sell departments enables salespeople to maximize sales and commissions while providing superior customer service. Despite all the efforts in making sure customer satisfaction is met, it starts from the employees. Nordstrom employees are treated almost like the extended family. They are treated like businesspeople and empowered to make independent decisions. Overall, Nordstrom delivers good quality product with good service.…

    • 463 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    The North Face was founded in 1966. In 2000, after facing serious financial and distribution problems,…

    • 830 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    MasterCard/American Express – customers can pay with their credit card and possibly receive reward points…

    • 327 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Credit cards can be used to pay for any products in the store. PayPal is used for most of the products except Shotgun Shells, Choke Tube and Knives. Shipment is made to the billing address but if you want the deliveries made to a different address, you can call Rogers Sporting Goods to clarify the details. Free shipping is provided for the 48 lower states. You can also choose to have the products delivered within one or two days. You can get the item the same day if you make the order before 3 PM Central time.…

    • 869 Words
    • 4 Pages
    Good Essays