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Sep 13, 2021 · The company continues to grow and, with eight locations in Washington and Oregon, becomes the country’s largest independent shoe chain. 1963. Moving beyond shoes, Nordstrom’s buys Best...
- Settled in Seattle
- Second Generation
- Expanded Into Apparel
- Further Reading
Nordstrom, who had changed his given name to John, married Hilda Carlson in 1900. The couple had five children: Everett, Elmer, Lloyd, Mabel, and Esther. Nordstrom wanted to invest his earnings in a business. A Klondike friend, Carl F. Wallin, worked as a shoemaker and suggested that he and Nordstrom open a shoe store. Nordstrom invested $5,000 in ...
Nordstrom's sons, Everett and Elmer, began working in the store as stock boys when they were young. By 1928, Nordstrom and Wallin's partnership was strained and Nordstrom sold his interest in the store to his sons. The Nordstrom Waydescribes the sons' ownership as "only on paper because their father had loaned them the money for the purchase and ha...
Nordstrom's diversified into apparel when it bought Best's Apparel Inc., a fashionable Seattle women's clothing store in 1961. Six years later, annual sales were $40 million. Shoes accounted for half of sales. During the 1960s, Nordstrom's became the first clothing retailer to pay its salespeople meaningful commissions. The Nordstrom family believe...
Spector, Robert and Patrick D. McCarthy, The Nordstrom Way,John Wiley, 1995. Footwear News,November 25, 1991. Nordstrom Inc. Annual Report,1987. Seattle Post-Intelligencer,October 12, 1963. "Nordstrom History," available at http://www.nordstrom.com(March 1, 1999). □
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