BevyUp
2018
Why
Omnicommerce retail solutions.
Nordstrom, Inc.
Acquisitions
4
Major Deals Covered
$530M
Disclosed Deal Value
Nordstrom's largest disclosed acquisition here is Trunk Club for $350M in 2014. This page covers 4 major deals from 2011 to 2018, each with its price where disclosed and the reason behind it.
| Company | Year | Price | Purpose |
|---|---|---|---|
| HauteLook | 2011 | $180.0M | Added a flash-sale e-commerce business and technology for online off-price sales. |
| Trunk Club | 2014 | $350.0M | Nordstrom acquired Trunk Club to test digital personal styling. |
| BevyUp | 2018 | Undisclosed | Omnicommerce retail solutions. |
| MessageYes | 2018 | Undisclosed | Mobile messaging and purchases via text. |
2018
Omnicommerce retail solutions.
2018
Mobile messaging and purchases via text.
2014
$350M
Nordstrom acquired Trunk Club to test digital personal styling.
Nordstrom wound down the Trunk Club brand in fiscal 2022 and kept styling services within Nordstrom.
2011
$180M
Added a flash-sale e-commerce business and technology for online off-price sales.
HauteLook was later folded into NordstromRack.com.
Nordstrom's growth plan has three parts. First, accelerate Nordstrom Rack, its largest source of new customers, with 22 openings in 2025 and a goal of up to 50 per year. Second, refine full-line store assortments, adding younger brands such as Princess Polly and planned 2026 additions such as NikeSkims and Hill House Home. Third, use real estate freed up by competitor bankruptcies, including Saks Global, where the right locations appear. Liverpool shares ideas on logistics and technology but the deal is not a merger, and the two retailers operate separately.
Nordstrom makes money by selling apparel, shoes, beauty, accessories, and home goods through two banners. The Nordstrom banner covers full-line department stores, Nordstrom Local service hubs, and Nordstrom.com, selling designer and premium brands at full price with services such as alterations and styling. Nordstrom Rack covers off-price stores and NordstromRack.com, selling mostly merchandise bought specifically for Rack at lower prices. Nordstrom also earns revenue from its credit card program with TD Bank and from its Nordy Club loyalty ecosystem. In FY2024, net sales were $14.557B and total revenues, including credit card revenue, were $15.016B.
In 1963 Nordstrom acquired Seattle women's clothing retailer Best's Apparel, moving from shoes into apparel and becoming a full-line fashion retailer.
In 2011 Nordstrom acquired flash-sale site HauteLook for about $180 million in stock plus a potential earn-out, using it to build its online off-price business.
In 2021 Nordstrom took a minority stake in a joint venture with ASOS covering Topshop, Topman, Miss Selfridge, and HIIT, gaining North American distribution rights.
In 2014 Nordstrom acquired Chicago-based styling service Trunk Club for about $350 million. It wound down the Trunk Club brand in fiscal 2022.
Nordstrom acquired specialized retail tech startups including BevyUp (conversational commerce and digital styling tools) and MessageYes (conversational AI mobile shopping platform) in 2018, powering the digital styling features in the Nordstrom mobile app.
Nordstrom opened its first Southern California full-line store at South Coast Plaza in 1978, starting its expansion beyond the Pacific Northwest.
In 2005, Nordstrom acquired a majority stake in Jeffrey, the ultra-luxury designer boutiques founded by Jeffrey Kalinsky in New York's Meatpacking District and Atlanta, appointing Kalinsky as Executive Vice President of Designer Merchandising to elevate Nordstrom's high-fashion designer relationships.
The 2025 go-private transaction, in which the Nordstrom family and El Puerto de Liverpool acquired the company for about $6.25B in enterprise value.
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