Nordstrom

About

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

Seattle,Washington,United States
10001 - max
http://www.nordstrom.com

Highlights

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

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
Mar 8, 2018 MessageYes (formerly ReplyYes)	Artificial Intelligence	acquisition	—	Detail
Mar 8, 2018 BevyUp	Artificial Intelligence	acquisition	—	Detail