Nordstrom Human Resource Paper

Nordstroms employees and universeagement be the play alongs about valu fit resourcefulness. An article indite in the Seattle PI describes exactly wherefore this is true. It states that, Nordstrom gross revenue population puzzle out decisions as if managing their proclaim trade they ar trusted to do what is right. Every ace else in the confederacy is there to protagonist the gross sales staff make the sale and please the node (Mulady, 2009). The way the employees atomic number 18 enured and nurtured is a perfect characterisation of the helpingys mission of providing the trump possible customer service and value to the customer.Even though the sales representative is the front man for the beau monde, the benignant resource and management team up act as the glue that holds the high society together. The president of the play along, Blake W. Nordstrom, says that good deal in re inspection and repair positions bid myself or nigh angiotensin converting enzyme in human resources that isnt on the stem manning a register, needs to lowstand that their ad hominem credit line enterprise is to go for the energy and the activities theyre doing ease up to a bump customer and employee father (HR Magazine, 2006).It is, therefore, extremely chief(prenominal) that the marchers in the human resource part collar attached to the loting process in club to stay come toed with the employees, as it is this continuative that helps the employees fork come on the surpass service to their customers. troupe History and Background In 1887, 16-year-old male child named John W. Nordstrom left his home coun refine, Sweden, for the urban center of New York City. He arrived with only quint dollars in his pocket, unable to speak a word of English and started employing in gold mines.One morning in 1897, he picked up a impudentlyspaper and interpret the front-page headline Gold Found in the Klondike in Alaska. Although the labor was har d he managed, in twain geezerhood, to earn $13,000 in a gold mine pretend and returned to Seattle. Back in the Northwest, John was gauge to invest his money. In Alaska John became outgo conversances with Carl W whole in only in all(prenominal) last(predicate)in, who testifyed a shoe conflict let out in d experiencetown Seattle and it was non long before the cardinal unflinching to go into partnership and open a shoe stock certificate together. In 1901, the cardinal opened their original shoe hold on, Wallin & ampere Nordstrom, in downtown Seattle.This was the start of what would get down the retail legend of Nordstrom, Inc. From the beginning, Johns w be line school of thought was based on exceptional service, selection, prize and value. The comp each(prenominal) built a wedded customer base and in 1923, the partners added their imprimatur fund. In 1928, John Nordstrom retired and sold his look at of the comp some(prenominal) to his sons, Everett an d Elmer. Carl Wallin retired a year later(prenominal) and to a fault sold his sh be of the friendship to the Nordstrom sons. The third son, Lloyd, joined the team in 1933.The company shortly grew to become the largest main(a) shoe chain in the join States. By 1960, Nordstrom had eight storages in capital of the linked States and Oregon, and the downtown Seattle terminus became the largest shoe store in the country. By the early 1960s, the company was looking for new slipway to break its wings. Venturing into the habiliment market, Nordstrom purchased Best App arel, a Seattle-based clothing store, in 1963. Three years later, Nordstrom purchased a Portland, Oregon look retail store and merged it with their existing Portland shoe store.For the show fourth dimension succession, customers were greeted with a selection of both habilitate and fine apparel under a new store name Nordstrom Best. mens room clothing and childrens wear were added in 1966, expanding the store to m eet the wardrobe needs of the total fa international nautical miley. Business prospered and in spite of appearance two years, two new stores opened in Washington. In 1968, the terzetto brothers decided to retire and contact the company over to the third Nordstrom generation. The company was straightway led by Bruce, throng and John Nordstrom along with Jack McMillan and family friend Bob Bender. The company went public in 1971.Just two years later, Nordstrom sales passed the $ ampere-second million mark and the company was accepted as the largest-volume West Coast make distinguishing characteristic store. This same year, the name was lickally changed to Nordstrom, Inc. By 1975, the company had expanded into Alaska, and the turnedset printing Nordstrom squeeze was opened in Seattle as a clearance center for liberal-line store swop. Three years later, the company locomote into the competitive California market and by 1988, Nordstrom had make the big move to the tocophe rol Coast with the opening of a immobilise new store in Virginia.Organizational and somebody Relations and Retentions Nordstrom is a dynamic coiffure to own a heraldic bearinger because of the ingroup of characteristics and backgrounds. Of the Companys total meshing, 42. 2 partage are enceinte deal of color and 72. 1 portion are women. On top of that, 31. 9 percent of the management population is comprised of the corking unwashed of color and 73 percent are women. Nordstrom places its employees to set their sights high and blaze their own trails. This is a center where the employees future triumph and moderniseth are truly a result of their own efforts and achievements.They squarely conceive in promoting from within, because this gallops employees a st celestial orbit prospect to instruct the companys line of credit from the ground up. Hard fix, loyalty, competitive pith and commitment to the customer are definitive factors employees need in hunting lodge to mature within the company. Nordstrom Strategies Recognizing any success Nordstrom make whoopies fundamental quality of their relationships with customers, employees, vendors and communities. Striving to be a heartyly responsible company and do that the trust of the customers is to have is non to be lay claimn lightly.Making responsible rail line decisions is something Nordstrom has by dint of with(p) for a long time. Nordstrom was one of the prototypal retail companies to bump rack uper pro dress communion to its employees in 1952, and individually year donated millions of dollars to non bear partners across the country. Nordstrom was also the first among their bespeak peers in fashion- rarity retail to print on Forest Stewardship Council (FSC)-certified paper with 30 percent recycled content. Recruitment, Selection and Training The companys determination is to attract the best talent, so it makes good business sense to lift from a versatile population.The y achieve this by utilizing targeted media, job fairs, community organizations and college placement centers. separately of these methods helps the company respect the individuals who concord Nordstroms goals and values. The recruiting process is typically done online, where discover nonicedidates can apply for job opportunities. Depending on the position, one pass on either start the online coat process or be asked to adopt a resume. Than the individual, whom skills and abilities match an open position, bequeath be contacted by a recruiter, department manager or human resources assistant.After an sign conversation, a decision result be made. If there is a potential fit the person result set up an admissional interview time where they exit meet physically. renewing Training forms an important part of Nordstroms diversity efforts. The company had an executive director transgression president who looked after adult male Resources and conversion Affairs. In additio n, Nordstrom had another Vice President who addressed electric receptacles regarding Corporate Diversity Affairs at the company. friction match usance and Diversity The business of fashion is international, multi-cultural and diverse by nature.At Nordstrom, this makes for an fire retail surround and value the richness it brings to our Company. One of the best ways Nordstrom has assemble to provide dainty customer service is by ensuring what reflects the communities it serve having a result onplace that attracts and provides diversity, benefits both customers and employees. (Nordstrom, 2009) Nordstrom believes each of their employees has the prospect to realize their potential and head to the success of their Company. This philosophy is reflected in the company understanding that success comes from people.The broad tell of experiences, backgrounds and cultures the employees bring to the company causes a comical atmosphere. At Nordstrom, ongoing efforts to kick upstairs a diverse surroundings are found throughout the Company, from hiring and promotion to their Supplier Diversity design. Nordstrom believes that one of the best ways to be a heartyly responsible business is to create a arrive atplace where people can be monetaryly made and grow a rewarding career. end-to-end their history, Nordstrom has created a workplace where people odour valued, outstanding slaying is rewarded, and entrepreneurial smack is encouraged.In the spirit of entrepreneurship, Nordstrom authorize its employees to run their own business within the companys four walls. Although Nordstrom has been fortunate to have been acknowledge by Fortune magazine as one of the best places to work, there is unceasingly room for improvement. Employees at Nordstrom are most valuable resources and as a company Nordstrom is committed to support them through upholding diversity, crack workers with benefits and opportunities for career growth.Supplier diversity seeks out and disc loses relationships with pendant women-and minority-owned businesses are the keys to the Nordstrom Supplier Diversity Program. In 1989, Nordstrom launched the Supplier Diversity Program to help attract qualified vendors that might not otherwise consider Nordstrom as a potential client. Nordstrom recruits a considerable range of women and minority owned vendors in three categories merchandise, supplies and services, and construction. Since the program began, Nordstrom has spent to a greater extent than $8 billion with minority and women-owned businesses. Legal exemplar of Equal EmploymentAs Nordstrom crushs to manufacture products in various countries, it has an opportunity to address a round-eyed range of factory issues throughout the manhood, peculiarly workers rights. To address these concerns, Nordstrom created a kind tariff team in 1994. This team whole works closely with companys product group vendors to see that Nordstrom label products are made in accordance with pertinent laws and ethical labor practices. Additionally, as a buyer of merchandise from around the world, Nordstrom expects the companies that they work with to do business by playing responsibly.Through the union Guidelines, focusing on loving responsibility in manufacturing, and by forming unattackable alliances with non-profit organizations the company can better cheer the human rights of those in the companies supply chain. Nordstroms partnership guidelines cover topics much(prenominal) as forced labor, child labor, wellness and condom, agony and abuse. The company companionable responsibility in manufacturing gives an overview of how the business upholds responsible relationships with vendors.Over the years, Nordstrom has formed strong alliances with third party organizations including Business for Social Responsibility, the medium Labor Association and Fair Factories Clearinghouse. These partners, among others, act as checks and balances for Nordstrom in its effor ts to cheer human rights. Forced Labor Nordstrom leave behind not conduct business with any associate that uses involuntary labor of any kind including prison labor, indentured labor, or forced labor. Overtime must be voluntary. Employees shall not be required to baffle deposits or identity papers upon commencing employment with the company or as a condition of employment.Child Labor Partners will not employ anyone under the age of 15, and or younger than the age for completing mandatory education, or under the minimal ages conventional by relevant law in the country of manufacturer, if higher(prenominal) than the age of 15. Furthermore, Partners of any kind must comply with all topical anesthetic anesthetic laws pertaining to the restrictions on young workers under the age of 18, including restrictions on their exposure to situations in or outside of the workplace that are unwarranted, unsafe, or un good for you(p), and Partners will provide adequate fortress from suc h(prenominal) exposure. NondiscriminationNordstrom firmly believes people are en rubricd to equal opportunity in employment. Although the company recognizes cultural differences exist, Nordstrom will not pursue business relationships with Partners who withdraw in employment practices (including hiring, wages, benefits, assigned duties, advance opportunities, discipline termination or retreat on the basis of sex, race, color, religion, gender identity, age, informal orientation, national origin, marital or maternity status, work or personal affiliations, governmental opinion or accessible or ethnic origin, or physical, mental or sensory disability).Harassment and Abuse Nordstrom expects its Partners to treat any employee with respect and dignity. No employee will be able to any harassment, which embroils any physical, verbal, cozy or psychological harassment or abuse. Partners will not use monetary fines as a disciplinary practice. Furthermore, workers must be free to voic e their concerns to Nordstrom or Nordstrom appointed staff, and must be allowed to move into in the Nordstrom audit process, without fear of vengeance by factory management. Health and gum elasticNordstrom seeks Partners who provide written standards for safe and healthy work environss and the pr itemion of accident and tarnish to the health of their workers, including adequate facilities and protections from exposure to hazardous conditions or materials. These provisions must include safe and healthy conditions for dormitories and residential facilities, and they must comply with local health and safety laws and standards. Wages and Benefits Partners shall set wages, overtime succumb and legally mandated benefits and allowances in compliance with all applicable laws. pastureers shall be paid at least the minimum legal wage, or a wage that meets applicable local industry standards, whichever is greater. Documentation and Inspection Nordstrom intends to varan compliance with o ur Partnership Guidelines and to start out on-site inspections of Partners facilities. Partners will corroborate, on file, all certification prerequisite to demonstrate compliance with these Partnership Guidelines, and will authorize Nordstrom and its designated agents (including third parties) to lock up in inform and unannounced observe activities to ensure compliance, including confidential employee interviews.Nordstrom will redirect examination and may terminate its relationships with any Partner found to be in colza of the Partnership Guidelines, including denying access to approved monitors. exemption of Association Partners will respect workers rights to liberty of association and collective bargaining. Law equips Nordstrom to Pay $292,500 to watch EEOC Harassment Lawsuit On April 17, 2009 the U. S. Equal Employment Opportunity Commission announced that Nordstrom will have to pay $292,500 to 10 former employees and furnish other bettering measures to settle a hara ssment lawsuit.EEOC had supercharged that the department store manager riled Hispanic and black employees based on their national origin, race, and color, and retaliated against those who complained about(predicate) the harassment. According to the EEOCs lawsuit, a manager harassed the Hispanic and African-American staff at the Palm brink Gardens and Wellington Floridas stores. Even though the employees complained about the harassment, the company only did the minimum to help them. The alterations manager retaliated against those who complained by keep the racially bump offensive comments, unfairly call down mployees and citing them for alleged doing problems. Under the toll of a consent decree Nordstrom will have to pay for the damage and go bad its policy addressing unlawful harassment to all employees in the Wellington and Palm brink stores provide harassment training, post a notice on the resolution of the lawsuit, and conjure up a semi-yearly report to EEOC on all harassment complaints received during the neighboring two years. Working at Nordstrom Nordstrom has believed in promoting from within.The promote-from-within policy offers employees a unique opportunity to learn the business from the ground up and grow a rewarding career with Nordstrom. Its not uncommon for people who started on the sales floor or in the stockrooms to stay with the company for 20 years or more, taking on new assignments as they grow. The majority of executives began their careers with Nordstrom as salespeople or in the stockroom. Generally, Nordstrom looks for great sellers who love fashion and are erotic loveate about helping customers.The theme of corporate kindly responsibility is not new to the company. Since the beginning Nordstrom has made every effort to run an ethical business where people want to work and shop. The social responsibility efforts help the company connect with customers and employees and help drive results. Striving to offer its customers the best possible customer service, social responsibility is a subject that requires unremitting improvement, and is something that Nordstrom can always get better at. Jobs and Job AnalysisWhen one works at Nordstrom, each day is full of new challenges, friends and goals. At Nordstrom employees are encouraged to try new things and share their passion. This is a place to build a rewarding, lifelong career. Nordstrom sell Internship Opportunities Nordstrom is looking for individuals with a passion for retail who is motivated achievers and hard functional team players. As a Nordstrom Retail intern, the intern will receive mentoring and training in the exciting world of fashion through experiences that a person will not find in the classroom.During the internship the intern will have the opportunity to learn from the experienced people who bring the Nordstrom experience to life, gain hands-on experience by serving Nordstroms customers, participate in sales and customer service events , gain exposure to a variety of management responsibilities, earn a competitive wage and receive an employee merchandise give the axe. Upon completion the intern will be offered an Assistant Manager or salesperson position, depending on availability and intern preferences. Nordstrom is noble-minded to be named to Fortune magazines list of 100 Best Companies to Work For. Nordstroms believes this cite comes from their desire to empower their employees to set their sights high and blaze their own trails. Nordstrom is a place where its employees future success and growth are truly a result of their own efforts and achievements. Nordstrom Stores and Merchandising Nordstrom wants to be the ultimate fashion destination for its customers and provide a superior experience. From meticulous tailors to sexual salespeople to innovative merchants who bring the latest trends and fashion to Nordstrom stores, their teams are comprised of talented people who work hard to delight the customer.The rewards for working at Nordstrom are many, employees find recognition for their unique talents and energies, they also work in an purlieu that gives individual freedom to excel and create their own career path, employees develop adjoin one-on-one relationships with customers and are able to lease from satisfying positions in commissioned sales, merchandising, Nordstrom restaurants, operations, support and Nordstrom Spa. Restaurants and Specialty CoffeeWhen employees work in one of Nordstroms restaurants or specialty coffee berry bars, they become an important part of a team that delivers professional and sweet dining and coffee experiences for Nordstrom customers. The employees will enjoy working with stylish, comfortable setting with trounce co-workers who share the same passion for great food, coffee and service, also employees are able to bring their own personal passion for food and service to Nordstrom concepts featuring casual and standard dining alternatives and regio nal menus designed to suit Nordstrom customers.By working at the restaurant or coffee bars employees choose from an miscellanea of career possibilities, including line and prep cooks, cashiers, servers, hosts, bussers, dishwashers, chefs and management. Nordstrom Rack Nordstrom Rack is where customers go for top-of-the-line fashion and accessories. An employee working on the Rack team has the opportunity to enjoy flexible hours, a hearty atmosphere and competitive pay along with benefits. Nordstroms created a fun, fast-paced, self-service milieu that gives its employees the opportunity to grow.The employees learn the ins and outs of fashion retail and customer service. They can choose their title from a range of positions in non-commission sales, customer service and stock. In addition, employees are encourage to choose the best position fit, full time or part time, in order to find their inspiration. Compensation, Variable Rewards, and executive Pay It is very important for a co mpany to control what the executives collect in comparison to what a normal employee does. This has been an issue in business and politics because higher management have more rewards and more income than others such as sales associates.For this be Nordstrom has a remuneration committee. The mission is responsible, subject to approval of the board, for establishing and maintaining a broad pay program for the president and executives of Nordstrom in order to attract, retain and motivate key contributors to the success of Nordstrom and its affiliated companies, for refreshening and discussing with management Nordstroms honorarium discussion and analysis, and for preparing an yearly report on executive allowance to be include in the Nordstrom proxy statement. below are the list of duties and responsibility of the committee yearly check out and approve the corporate goals and objectives relevant to the president and executives compensation, and estimate their carry outance Sal ary paid to the President and executive directors The grant of any cash-based bonuses and equity compensation to the president and Executives The award of any benefits or perquisites to the President and the Executives To inspection managements annual performance evaluation of the Executives and to monitor the annual performance process for executives not evaluated by the perpetration To prepare an annual report on executive compensation to Nordstrom shareholders for inclusion in its proxy statement or annual report on Form 10K in accordance with the rules and regulations of the Securities and Exchange Commission To press to the display panel where it deems appropriate that an employment separation, or change in control organization be established with any Executive and the terms of such agreement To review, approve, administer, amend, and/or make recommendations to the jury relating to all Nordstrom cash-based and equity-based fillip compensation plans To review management s recommendations for, and approve as it deems appropriate, long-term motivator award trains or other incentives to non-Executive key contributors to the success of Nordstrom and its affiliates To review and approve any benefit plans, privacy and deferred compensation or other perquisites offered to Executives, including eligibility and the level and types of benefits or perquisites provided To consult with the President regarding momentous organizational structure changes and to advise the Board regarding the implications on any Executive compensation or benefit programs concerning such changes To undertake such other responsibilities, tasks or projects as the Board of Directors may delegate or assign to the commission from time to time To conduct an annual self-evaluation of the Committees performance to study whether the Committee and its segments are functioning effectively in adherence to this Charter To review and approve managements recommendation for contributions at tributable to the profit sharing portion of Nordstroms 401(k) Plan and kale Sharing, and additional profit sharing payouts, if any To review and discuss with management Nordstroms CDA and based on that review and discussion, recommend to the Board that the CDA be included in Nordstroms annual proxy statement To receive day-to-day reports upon request by the Committee on Nordstroms compensation programs as they affect all employees To stageically review and make recommendations to the Board with respect toNordstroms stock willpower guidelines applicable to Nordstrom employees and directors and to monitor compliance with the stock ownership guidelines by those individuals The Committee shall establish such rules, regulations and procedures as it determines appropriate and reasonably prerequisite for it to undertake its duties and responsibilities as set by in this Charter The Committee shall maintain appropriate procedures to ensure accurate encounter agendas and minutes are pr epared and filed in draft form as soon as practicable, with such Meeting transactions presented to the Committee for approval at the next regularly scheduled Committee Meeting.Such contact agendas and minutes shall be filed in the Committee Minute Book upon approval The Committee shall have the sole authority to film any consultants, legal counsel or advisors to provide services the Committee deems necessary and advisable to carry out the former responsibilities, to approve all of the terms of such engagement including compensation, and to terminate any such engagement (Nordstrom, 2008) While talking about compensation, here is an example of how much Blake W. Nordstrom makes out of Nordstroms sales. Blake W. Nordstrom has been CEO of Nordstrom for eight years and has been with the company for 34 years. He is 47 years old and ranks 11 within retailing. Blake W. Nordstroms total Compensation is 8. 15 million dollars thus his five-year compensation 21. 21 million dollars. 6-Year An nual Total fall in20% 6-Year Return Relative to Industry112 6-Year Return Relative to Market118Blake W Nordstroms Compensation Vs. Retailing Medians Salary $0. 70 mil $1. 01 mil Bonus NA $0. 84 mil Other $0. 07 mil $1. 06 mil Stock Gains $0. 71 mil $0. 00 mil Total Compensation$1. 47 mil $4. 39 mil Nordstrom has variant types of compensation for its employees. For example, when someone works at Nordstrom they get 40 percent off on all store merchandise. They also do recognitions such as employee of the month. Since Nordstrom is a retail store, employees get special incentive programs and they also work for commission which gives employees an incentive to work harder and sell more resulting in them earning more money.Employees also get recognition awards that recognize individual employees for their performance or service. Benefits Nordstrom is a respectable company to work for because an employee receives a strong benefits package. In addition, they bedded 72nd in the list of the top companies to work for, and use to be at the thirty- 6th place. Even with the bad economy, no cuts were made in pay or benefits for their employees. Nordstrom state, as a Nordstrom employee, you should feel confident that your health and well- creation are among our highest priorities. To that end, Nordstrom offers citywide, flexible benefits to our employees and their families. Below is a list of the different benefits offered at the company Health BenefitsMedical/ mint medical, vision and prescription drug insurance coverage Dental basic preventive dental consonant services and orthodontia Employee Assistance Program confidential consultations, information and referrals, 24 hours a day Income Protection Life policy financial protection in the event of a covered family members death Disability Program income substitution to assist you if you are unable to work due to disability Long-Term dread financial protection for you or an enrolled family member who can no long er perform covered everyday activities Accidental destruction and Dismemberment Insurance financial protection for you and your eligible family members in the event of inadvertent death or dismemberment retirement Benefits 01(k) Plan defer a luck of your pay as pretax deferrals, post-tax Roth deferrals or a combination of both. Nordstrom matches your deferral, dollar for dollar, up to 4% Profit Sharing share in the Companys success through Company contributions to your retirement account pliant Spending Accounts Set aside pretax dollars to pay for eligible health care, dependent care and commuter expenses Time off conduce or Absence Program time away to recover from an illness, care for a family member or serve in the military Paid time off time off with pay for your personal and family needs Sabbatical program hexad week of unpaid time off to use any way you handle Life/Work BenefitsMerchant brush aside a 20% or 33% discount of regular employees and eligible depende nts multitude Legal go access to local legal assistance for a wide range of services Group seat/Auto Insurance group, discounted insurance range for auto, home, renters, and other personal property throw out and services/Work Stream Rewards discount on high-quality goods and services Resources and Referrals/Life cope counseling, education and referral services to help you make life decisions on everything from childcare and academics to financial services and retirement Employee Stock grease ones palms Plan Purchase Nordstrom stock at a discount Additional Benefits and Services Direct Deposit Jury trade Pay Nordstrom Bank Nordstrom Federal assent Union U. S. Savings Bonds encouraging the surroundings In 2007, Nordstrom recognized the need to center existing efforts and created a multi-divisional group of leading to come up with a comprehensive social responsibility strategy.In order to do so, they talked to the employees and some of the best customers to learn more about whats most important to them when it comes to social responsibility. They focus on the following areas Supporting Communities, Sustaining the Environment, Protecting Human Rights, and Caring for their people. Nordstrom hopes to develop stronger relationships with their customers and be a better world(prenominal) steward with this strategy. Nordstrom recognizes that the stores facilities make an environmental affect and for many years it has been involved in recycling, energy and water conservation and general waste reduction. In 2008, Nordstrom formalized a commitment to the environment with the creation of social responsibility strategy.Its the company goal to take down the impact on the environment by focusing on resource conservation, waste management, packaging and product innovations and radical like development, as well as incorporating sustainable options throughout their restaurants. The company is act to increase recycling and decrease use of harmful chemicals and toxins. Across the stores and operations, Nordstrom is taking a closer look at how to reduce impact on the environment through innovations in sustainable merchandise, eco-friendly bags and boxes, and organic cotton development. As a fashion specialty retailer, Nordstrom sells branded merchandise from vendor partners and contract to manufacture private label products. The company has decided to focus on one issue directly associate to what it does, and it now funds an organization that increasing the worlds supply of organic cotton.In addition, Nordstrom restaurants and coffee bars are finding ways to have a healthy impact on their customers, employees and the planet. From organic teas and Fair merchandise coffee to nutritional labeling. Supporting Communities Although the environment is an important component of social responsibility, Nordstrom recognizes that social responsibility goes beyond just being green. The companys financial support and involvement is important to th e diverse communities it does business with. Therefore, its social responsibility strategy encompasses some of its existing practices in community giving, the United Way and international development.Overall, the company wants to give back to the communities that believed in them. As adumbrate in its Contributions Guidelines, its community giving takes the form of cash contributions, community partnerships and volunteerism. The selected areas of focus are the arts and culture, education, health, community development and the environment. severally year, Nordstrom donates millions of dollars to non-profits organization across the country. They also use the Nordstrom Scholarship Program, which supports education in most of the communities where it does business. In addition, Nordstrom has been a strong presenter of the United Way for almost six decades.It also supports several global organizations and projects including the HER Project, extreme Exchange, and vendor education prog rams. Current pecuniary Summary Nordstrom operates outlet stores in addition to department stores. Nordstrom Rack outlets appeal to customers who like the department store and the labels it carries but not necessarily the prices. Outlet shoppers visit to take advantage of bargains on items that did not sell at the department store or did not make it as far as the sales floor when a product line was discontinued. Recent financial results suggest that, in the recession, outlets may be giving shoppers who are not habituated to indulge at their favorite highlife department stores an alternative where they can shop and still feel financially responsible.In March, Nordstroms beat analyst comparable store sales predictions, a relatively electropositive development despite the fact that those sales, generated in stores open for a year, were off by 13. 5 percent. Outlets helped mitigate greater gradualness elsewhere with comps at Nordstrom rack up 0. 1 percent versus down 16. 9 percent at department stores. In the recession, Nordstrom has been adding rack locations not just to satisfy bargain hunters but also to take advantage of good real estate deals that have been emerging. The rack has been a great vehicle to offer Nordstrom products at an off price as well as other products that consumers buy. Nordstrom, Inc. (NYSEJWN) describe net scratch of $81 million, or $0. 7 per thin share, for the first turd ended whitethorn 2, 2009. For the same ninny last year, Nordstrom reported net earnings of $119 million, or $0. 54 per diluted share. Included in the 2009 first quarter results was a benefit of approximately $12 million, or $0. 06 per diluted share, related to the closure of the companys 2007 federal tax return audit. Excluding this benefit, 2009 first quarter net earnings were $69 million, or $0. 31 per share. Net sales in the first quarter were $1. 71 billion, a decrease of 9. 2 percent compared with sales of $1. 88 billion during the same period in fiscal 2008. First quarter same-store sales decreased 13. 2 percent compared with the same period in fiscal 2008.