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Nordstrom Executive Summary

512 Words3 Pages

The United States is definitely one of the world’s hyper-consumerist societies. According to statistics, annual retail industry sales from 2000 up to 2014 amounted to approximately $ 3.08 trillion. People constantly have the urge to buy, most especially with enticing advertisements, discounts, and special offers from numerous retail stores offering a wide variety of goods and brands. So when it comes to shopping for just about anything under the sun, you will never run out of options of places to shop in America – from high-end retailers to discount stores. Here’s a list of the country’s top 10 department stores (in no particular order). 1. Nordstrom – Is an upmarket retailer for shoes, clothing, accessories, cosmetics, fragrances and jewelry. The store which is headquartered in Seattle, Washington and currently operates in 34 states, was founded by John W. Nordstrom and Carl F. Wallen. …show more content…

JCPenney – is a chain of department stores based in Plano Texas. JCPenney has 1,107 stores operating within 50 states in the U.S. as well as in Puerto Rico. The store offers a wide range of conventional goods at discounted prices. 3. Target – started in 1902 and is headquartered in Minneapolis, Minnesota. Over the years, Target rose to become the second largest discount retail company in the U.S. and is even ranked 36th on the 2013 Fortune 500. 4. Macy’s – caters to mid-range to upscale retail customers. The store is owned by Macy’s Inc. and operates in 793 locations around the U.S., with the Herald Square branch as a flagship location in New York City. 5. Bloomingdale’s – is also owned by Macy’s Inc. The store is the upscale retailer division of Macy’s Inc. 6. Kohl’s – is classified as the largest department store chain (in terms of retail sales) in the U.S. in 2013 with 1,158 stores spanning 49 states. Its biggest known competitor is

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