FOR IMMEDIATE RELEASE CONTACT: Brooke White
February 2, 2000 Nordstrom Inc.
(206) 373-3030
CO-PRESIDENT JIM NORDSTROM TO RETIRE FROM NORDSTROM
SEATTLE - (February 2, 2000) - Nordstrom Inc. announced today the retirement of Jim Nordstrom from the company. Mr. Nordstrom is retiring to actively engage in new business opportunities, specifically with several start-up technology based enterprises.
?I have enjoyed a wonderful and rewarding 24 year career with Nordstrom, learning the business at many levels. I feel the time is right for me to utilize my skills pursuing my interests in building tech and internet businesses,? said Jim Nordstrom. ?I will always treasure my many experiences, associations and close friendships with employees, customers and vendors. I wish everyone the best.?
Chief Executive Officer and Chairman John Whitacre noted the positive impact Mr. Nordstrom had on the company. ?Jim contributed much to our company?s success over the years. He always embodied the spirit of the company, cherished empowering employees to take care of the customer and placed high value on those he worked with,? said John Whitacre. ?We wish Jim much success with his future endeavors.?
Mr. Nordstrom started his career with the company doing stock work at age 14 in 1976. He worked in many positions including sales, department management, buying, and store management. In 1991, Mr. Nordstrom became vice-president and general manager of Nordstrom?s Northern California region. He returned to Seattle in 1995 as co-president.
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Nordstrom Announces Jim Nordstrom?s Retirement
2/2/2
Nordstrom Inc. is one of the nation?s leading fashion specialty retailers, with 104 stores in 23 states, including 71 full-line stores, 27 Nordstrom Racks, three Faconnable boutiques, two free-standing shoe stores, and one clearance store. The company also seeks to service customers through its online presence at nordstrom.com as well as with its direct mail catalogs. Nordstrom Inc. is publicly traded on the NYSE under the symbol JWN. |
