Nordstrom Inc

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Nordstrom Inc

Introduction

Nordstrom Inc. deals in retail business with the fashion specialty stores all over United States. There are various countries which provide complete information about the retail business all over the world it generally deals with the providing various service stores in different areas which offer different brands of fashion products offered for the convenience of the customers to provide all the products accessible for them. According to a survey conducted by the New York Times, there are about 225 United Sates stores which are located in the thirty different states. The company mainly deals with the retail business but it also operates the business in the Credit. Both these segments are the main concern for the organization to provide the excellent services for the customers(www.nytimes.com).

Nordstrom Inc. also provides online services for the customer satisfaction. It has customer value chain and it also provides assistance in different retail business. There are also various services provided by the Nordstrom like off-price Nordstrom Rack stores. This is the most important aspect for the organization to provide all the information for the organization. This is also deals with the sales subsidiaries like HauteLook and Jeffery boutique. The company also deals with the operation of different sales and service shops. Another important segment of the company deals with the Credit segment of the company which includes providing the saving bank account services and different other services like credit cards and debit cards.

Discussion

Company Overview

Nordstrom Inc, is a leading fashion company which offers different stores and retailer shops which offers varieties of products. Nordstrom, Inc. SWOT Analysis (2011) reveals that, the company offers various compelling products and Fashion accessories for all people. It is generally associated with the offering the perfect range of products. There are various products which provide services for the organizations so that it can offer better services. These stores offer a wide range of the clothing, shoes and different other products. The organization is mainly associated with the fashion stores and promoting fashion products and another important aspect is to assist these organizations in the better form of providing with the credit services for the convenience of the customers. The company also offers online facilities and mobile shopping services.

Background

John W. Nordstrom was a Swedish national who left his home for the better opportunities and career. He left his home and moved to the New York to attain better future. When he arrived in New York he did not have enough money, but he worked hard and started working mines and different other places. Later he left for Alaska when there was news about gold(nordstrom.com/company-history). He worked in a gold mine and then earned money sufficient for investment in business. Later with that money he returned and to Seattle with a friend Wallin who owned a shoe repair shop and then Nordstrom invested his money with him. They opened a shoe store with the name Wallin and Nordstrom. This was the beginning of the store and this ...