Nordstrom

Nordstrom is an independent, publicly traded retailer with a long history in the American fashion industry. The company began in 1901 as a single shoe store in Seattle, founded by John W. Nordstrom and Carl F. Wallin. Over time, Nordstrom expanded its offerings to include clothing, accessories, beauty products, and home goods, evolving into a full-line department store. A notable milestone in its growth was the entry into Canada, marking Nordstrom’s first international expansion.

As of November 2025, Nordstrom operates 380 stores across 40 U.S. states, Puerto Rico, and Canada. The company’s portfolio includes several distinct formats: its flagship department stores, the off-price Nordstrom Rack locations, and Nordstrom Local, a service-focused concept tailored for urban neighborhoods. These formats allow Nordstrom to serve a range of markets, from high-traffic city centers to select suburban areas. The company continues to open new stores, with several Nordstrom Rack and Nordstrom Local locations planned through 2025.

Nordstrom’s approach blends physical retail with a strong digital presence, integrating online and in-store shopping to offer convenience and personalized service. Many locations feature amenities such as cafes and restaurants, which help drive foot traffic and enhance the overall shopping experience. The company’s reputation for customer service and curated brand selection has helped it maintain credibility and a loyal customer base.

In the past five years, Nordstrom has focused on urban infill and high-visibility shopping centers, while also investing in new store concepts and omnichannel capabilities. Its disciplined expansion posture and corporate ownership model provide stability and consistency for landlords, brokers, and developers evaluating potential partnerships or anchor opportunities. Nordstrom’s scale and brand strength make it a prominent presence in retail environments that seek to attract affluent shoppers and complement a diverse tenant mix.