Nordstrom sells clothing, shoes, cosmetics and accessories for consumers who are usually between 25-54 years and build a family income of over $ 100,000 [1] The company has positioned its itself as an "affordable luxury" retailer. Operating all 112 of its stores Nordstrom full service online in the U.S. only. At the end of fiscal 2009, the company also operates 72 off-price Nordstrom Rack stores, two Jeffrey boutiques, and outlet store called Last Chance.
In 2009, net sales Nordstrom fell a fraction of a percent from a year earlier to 8.26 billion [3]. Despite a small decline in net sales compared ...