Wednesday, 27 June 2012

21.Nordstrom

Nordstrom
 
Nordstrom
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MOST ADMIRED
Top 50 rank: 21
Rank in General Merchandisers: 2
(Previous rank: 3)
Overall score: 7.15
Ticker: JWN
Why it's admired:
Nordstrom's revenues of $10.5 billion for the company’s 2011 fiscal year were an all-time record for the company and marked the second consecutive year of 13% annual growth. Early last year, Nordstrom acquired the online private sales site HauteLook for $180 million in stock. Then in August, the chain opened Treasure & Bond in New York City, a boutique squarely aimed at the hip, young SoHo set. Up next: plans to open 15 more Nordstrom Rack locations and one more Nordstrom store this year. 

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