Nordstrom

company

About

Nordstrom is an online fashion retailer that offers a selection of brand names and private label merchandise.

Details

Last Funding Type
Post-IPO Equity
Last Funding Money Raised
$5.90B
Industries
E-Commerce,Fashion,Retail
Founded date
Jan 1, 1901
Number Of Employee
10001 - max
Operating Status
Active
Stock Symbol
bmv:JWN
Legal Name
Nordstrom, Inc.

Nordstrom operates as a fashion specialty retailer that offers apparel, shoes, cosmetics, and accessories for women, men, and children in the United States. It features a selection of brand names and private label merchandise. The company sells its products through various channels, including Nordstrom full-line stores, Nordstrom Rack off-price stores, Last Chance clearance stores, and Jeffrey boutiques; and through catalogs and the Internet.

The company also provides a private label card, two Nordstrom VISA credit cards, and a debit card for Nordstrom purchases. Its credit and debit cards feature a shopping-based loyalty program. Nordstrom also designs and contracts to manufacture private-label merchandise sold in its retail stores.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
3
$5.90B $675M
Nordstrom has raised a total of $5.90B $675M in funding over 2 rounds. Their latest funding was raised on Sep 15, 2022 from a Post-IPO Equity round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Sep 15, 2022 Post-IPO Equity $5.90B 1 El Puerto de Liverpool Detail
Apr 8, 2021 Post-IPO Debt $675M Detail
May 31, 2016 IPO Detail

Investments

Number of Investments
Number of Lead Investments
9
3
Nordstrom has made 9 investments. Their most recent investment was on Nov 30, 2022, when Joy raised $60M.
Date Company Name
Round Money Raised Industry Lead Investor
Nov 30, 2022 Joy
Series B $60M Apps Yes
Nov 13, 2019 11 Honore
Series A $10M E-Commerce
Dec 10, 2018 Jaanuu
Series Unknown $15M E-Commerce
Jul 8, 2016 Dsco
Series Unknown E-Commerce
Dec 7, 2015 Shoes of Prey
Series B $15.50M E-Commerce

Investors

Number of Lead Investors
Number of Investors
1
1
Nordstrom is funded by 1 investors. El Puerto de Liverpool are the most recent investors.
Investor Name Lead Investor Funding Round
El Puerto de Liverpool Yes Post-IPO Equity

Employee Profiles

Number of Employee Profiles
50
Nordstrom has 50 current employee profiles, including Board member Tanya Domier
Board member
Employee
Executive
Board member
Executive

Exits

Nordstrom has had 3 exits. Nordstrom most notable exits include 11 Honore ,   Bonobos

Date Company Name Exit Type Industry
Jun 1, 2022 11 Honore M&A E-Commerce Detail
Jun 16, 2017 Bonobos M&A E-Commerce Detail
Aug 23, 2016 SoleSociety M&A E-Commerce Detail

Acquisition

Nordstrom has acquired 5 organizations. Their most recent acquisition was Façonnable on Sep 1, 2000. They acquired Façonnable for $169M.

Date Company Name
Industry Acquisition Type Price
Sep 1, 2000 Façonnable
Fashion acquisition $ 169M Detail
Feb 17, 2011 HauteLook
E-Commerce acquisition $ 270M Detail
Jul 31, 2014 TrunkClub
E-Commerce acquisition $ 350M Detail
Artificial Intelligence acquisition Detail
Mar 8, 2018 BevyUp
Artificial Intelligence acquisition Detail