Nordstrom 2015 Annual Report Download - page 6

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Economic and External
„ the impact of economic and market conditions and the resultant impact on consumer spending patterns,
„ weather conditions, natural disasters, health hazards, national security or other market disruptions, or the prospects of these events
and the resulting impact on consumer spending patterns,
Legal and Regulatory
„ our compliance with applicable domestic and international laws, regulations, and ethical standards, including those related to banking,
employment and tax and the outcome of claims and litigation and resolution of such matters,
„ impact of the current regulatory environment and financial system and health care reforms, and
„ compliance with debt covenants, availability and cost of credit, changes in our credit rating, changes in interest rates, debt repayment
patterns, and personal bankruptcies.
These and other factors, including those factors described in Item 1A: Risk Factors, could affect our financial results and cause actual results
to differ materially from any forward-looking information we may provide. We undertake no obligation to update or revise any forward-looking
statements to reflect subsequent events, new information or future circumstances.
SEC FILINGS
We file annual, quarterly and current reports, proxy statements and other documents with the Securities and Exchange Commission (‚SECƒ).
All the materials we file with the SEC are publicly available at the SEC€s Public Reference Room at 100 F Street NE, Washington, DC 20549.
You may obtain information on the operation of the Public Reference Room by calling the SEC at 1-800-SEC-0330. In addition, the SEC
maintains a website at www.sec.gov that contains reports, proxy and information statements and other information regarding issuers that file
electronically with the SEC.
WEBSITE ACCESS
Our website address is Nordstrom.com. Our annual and quarterly reports on Form 10-K and Form 10-Q (including related filings in
eXtensible Business Reporting Language (‚XBRLƒ) format), current reports on Form 8-K, proxy statements, our executives€ statements of
changes in beneficial ownership of securities on Form 4 and amendments to those reports filed or furnished pursuant to Section•13(a) or 15
(d) of the Securities Exchange Act of 1934, as amended (the ‚Exchange Actƒ) are available for free on or through our website as soon as
reasonably practicable after we electronically file the report with or furnish it to the SEC. Interested parties may also access a webcast of
quarterly earnings conference calls and other financial events through our website.
CORPORATE GOVERNANCE
We have a long-standing commitment to upholding a high level of ethical standards. In addition, as the listing standards of the New York
Stock Exchange (‚NYSEƒ) and the rules of the SEC require, we have adopted Codes of Business Conduct and Ethics for our employees,
officers and directors (‚Codes of Ethicsƒ) and Corporate Governance Guidelines. Our Codes of Ethics, Corporate Governance Guidelines
and Committee Charters for the Audit, Compensation, Corporate Governance and Nominating, Finance and Technology Committees are
posted on our website. Any amendments to these documents, or waivers of the requirements they contain, will also be available on our
website.
For printed versions of these items or any other inquiries, please contact:
Nordstrom Investor Relations
PO Box 2737
Seattle, Washington 98111
(206)•303-3200
[email protected]
Item€1A. Risk Factors.
Our business faces many risks. We believe the risks described below outline the items of most concern to us.
RISKS DUE TO STRATEGIC AND OPERATIONAL FACTORS
Our customer strategy focuses on providing a seamless and high-quality experience across all Nordstrom channels and failure to
successfully execute our plans could negatively impact our current business and future profitability.
We are enhancing our customer shopping experience in our stores, online, and in mobile and social channels by pursuing a heightened
focus on technology and ecommerce to fuel our growth. With the accelerated pace of change in the retail environment, we may not be able to
meet our customers€ changing expectations in how they shop in stores or through ecommerce. If we target the wrong opportunities, fail to
make investments at the right time or pace, fail to make the best investments in the right channels or make an investment commitment
significantly above or below our needs, it may harm our competitive position. If these technologies and investments do not perform as
expected, are not seamlessly integrated, or are not maintained properly, our profitability and growth could be adversely affected.
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