Since February 29th, 2008, Nordstrom Inc's market capitalization has decreased from $5.94 Billion to $2.64 Billion at March 31st, 2023.
Nordstrom Inc's market capitalization as of March 31st, 2023 of $2.64 Billion was lower than its peers in the Apparel Stores industry group of March 31st, 2023 of 12 Billion. From February 29th, 2008 to March 31st, 2023, Nordstrom Inc's average market capitalization was 6.44 Billion compared to an industry average of 8.43 Billion.
Nordstrom, Inc. engages in the manufacture and trade of clothes, shoes, and accessories. It operates through the following segments: Retail; Credit; and Corporate/Other. The Retail segment manages physical stores and online shops. The Credit segment offers a range of payment options to customers. The Corporate/Other segment includes sales return reserve, expenses, and assets. The company was founded by John W. Nordstrom in 1901 and is headquartered in Seattle, WA.
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