Nordstrom Net Worth (Updated 2026).

Nordstrom, a name synonymous with high-end fashion and exceptional customer service, traces its roots back to 1901 when John W. Nordstrom, a Swedish immigrant, and his brother Carl opened a shoe store in Seattle, Washington. The store, initially named Wallin & Nordstrom, was a modest enterprise, focusing on quality footwear at affordable prices.

The brothers’ commitment to customer satisfaction and their unique approach to business set the stage for Nordstrom’s future success. They believed in providing personalized service, a wide selection of products, and a hassle-free return policy. This customer-centric philosophy, coupled with the brothers’ work ethic, allowed the business to grow steadily, eventually leading to the opening of additional stores in the Pacific Northwest.

**Nordstrom’s Current Net Worth (2025)**

As of 2025, Nordstrom’s net worth is estimated to be around $15 billion. This figure reflects the company’s significant growth and success in the retail industry.

**Career**

Nordstrom, founded by John W. Nordstrom in 1901, has grown from a single shoe store to a leading fashion specialty retailer. The company is known for its high-quality products and exceptional customer service. Today, it operates over 350 stores in the U.S. and Canada, offering a wide range of brands and products.

**Other Ventures**

In addition to its retail stores, Nordstrom has expanded its reach through various other ventures. These include Nordstrom.com, Nordstrom Rack (off-price retail), and Trunk Club (personal styling service). The company also offers credit and payment services, further diversifying its revenue streams.

**Assets**

Nordstrom’s assets are primarily tied to its extensive retail portfolio. As of 2021, the company’s total assets were valued at approximately $12 billion. This includes store properties, inventory, and other assets crucial to its operations.

**Annual Income**

In fiscal year 2021, Nordstrom’s total annual revenue was around $15.9 billion. This figure represents a significant increase from the previous year, demonstrating the company’s resilience and growth despite the challenges posed by the COVID-19 pandemic.

Frequently Asked Questions about  Nordstrom

Frequently Asked Questions: Nordstrom Net Worth

1. What is Nordstrom’s net worth?

Nordstrom’s net worth is estimated to be around $16.3 billion.

2. Who founded Nordstrom?

Nordstrom was founded by John W. Nordstrom, a Swedish immigrant, in 1901.

3. When was Nordstrom first listed on the stock exchange?

Nordstrom first listed on the New York Stock Exchange (NYSE) in 1971.

4. How many stores does Nordstrom operate worldwide?

As of 2021, Nordstrom operates over 350 stores in the United States and Canada.

5. What are the different store formats that Nordstrom offers?

Nordstrom offers several store formats, including full-line stores, Nordstrom Rack (off-price stores), Nordstrom Local (services-only stores), and Nordstrom.com.

6. What is Nordstrom’s annual revenue?

Nordstrom’s annual revenue was $15.9 billion in 2020.

7. Who is the current CEO of Nordstrom?

Erik Nordstrom is the current CEO of Nordstrom. He has been serving in this position since 2015.

8. How many employees does Nordstrom have?

Nordstrom employs over 70,000 people across its stores and offices.

9. What are some of Nordstrom’s most popular brands?

Nordstrom carries a wide range of brands, including its own private labels like Nordstrom Made and 1901. Some popular brands it carries include Gucci, Prada, Chanel, and many others.

10. What is Nordstrom’s approach to sustainability?

Nordstrom has been committed to sustainability and has implemented various initiatives, such as reducing waste, conserving water and energy, and sourcing materials responsibly. They have also set science-based targets to reduce their greenhouse gas emissions.