Founded in 1901 as a retail shoe business in Seattle, Nordstrom later
incorporated in Washington State in 1946 and went on to become one of the
leading fashion specialty retailers based in the U.S. We operate 262 U.S. stores
located in 35 states as of March 17, 2014, as well as a robust e-commerce
business through Nordstrom.com and HauteLook. The west and east coasts of the
United States are the areas in which we have the largest presence. We have two
reportable segments: Retail and Credit.
As of March 17, 2014, the Retail segment includes our 117 �Nordstrom� branded
full-line stores and online store at Nordstrom.com (�Direct�), 142 off-price
�Nordstrom Rack� stores, one clearance store that operates under the name �Last
Chance� and other retail channels including our online private sale subsidiary
�HauteLook� and our two �Jeffrey� boutiques. Through these multiple retail
channels, we strive to deliver the best customer experience possible.