Given the wealth of data provided in these reports, it's not surprising that their analysis can be essential to understanding a company's financial position. This search considers the 2004 Annual Report from Nordstrom, Incorporated, for example an analysis with the company's 2004 and 2003 funds statement.
PRODUCT AND SERVICES PROVIDED BY THE COMPANY
Nordstrom defines itself as a fashion retailer and it is still headed by a member in the family members that founded the company and whose name can also be Nordstrom. Originally began being a shoe retailer, Nordstrom continues to sell shoes more than 30 million pairs in 2004 but it also sells clothing accessories and cosmetics. The annual report notes that the business sold over 4.5 million lipsticks in 2004, as well. There are, of course, numerous fashion retailers during the United States; Nordstrom has manufactured a reputation for providing a high-quality experience for shoppers. This includes the environment from the stores, the knowledge with the employees, the designs on the goods that are carried and the number of goods, as well as the high quality on the items themselves. Consumers typically pay higher-than-average costs at Nordstrom which tends being probably the most high-priced "anchor" inside a mall but are willing to pay people costs in exchange for the perceived high quality (2004 Nordstrom Annual Report 15).
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