text: **Nordstrom, Inc.**
  **Notes to Consolidated Financial Statements**
  Dollar and share amounts in millions except per share, per option and per unit amounts 
  
  **NOTE 1: NATURE OF OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES**
  
  **The Company**
  Founded in 1901 as a shoe store in Seattle, Washington, Nordstrom, Inc. is now a leading fashion specialty retailer that offers customers a 
  well-edited selection of high-quality fashion brands focused on apparel, shoes, cosmetics and accessories for men, women and children. This 
  breadth of merchandise allows us to serve a wide range of customers who appreciate quality fashion and a superior shopping experience. 
  We offer an extensive selection of high-quality brand-name and private label merchandise through multiple retail channels, including 116 
  “Nordstrom” branded full-line stores in the U.S. and at Nordstrom.com (collectively, “Nordstrom”), one Canada full-line store, 167 off-price 
  Nordstrom Rack stores, Nordstromrack.com and HauteLook, five Trunk Club showrooms and TrunkClub.com, two Jeffrey boutiques and one 
  Last Chance clearance store. Our stores are located in 38 states throughout the U.S and in one province in Canada. 