Strategy Associate, Enterprise Strategy (Hybrid, Seattle) at Nordstrom

Seattle, Washington, United States

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Not SpecifiedCompensation

Junior (1 to 2 years), Mid-level (3 to 4 years)Experience Level

Full TimeJob Type

UnknownVisa

RetailIndustries

Requirements

2+ years with a leading management consulting firm (e.g., Bain, BCG, McKinsey, Deloitte) or experience in retail strategy
Strong interest in retail and understanding of industry dynamics
Strong quantitative skills, including model building and insight generation
Strong interpersonal, verbal and written communication skills
Ability to collaborate with cross functional partners
Strong proficiency in Excel and PowerPoint
Bachelor's degree

Responsibilities

Support the development of strategic projects across key focus areas: functional support (e.g., merchandise, marketing, supply chain), business unit support (e.g., Nordstrom.com, Nordstrom Rack, NordstromRack.com/HauteLook.com), scaled events (e.g., Anniversary and Holiday), and internal growth initiatives (e.g., key market acceleration, acquisition, geographic expansion)
Manage project inputs simultaneously from start to finish in a rapidly changing environment
Develop compelling insights through creation and maintenance of complex models
Conduct primary and secondary research
Support the development of materials that effectively communicate insights and recommendations
Build credibility with business partners to gain support for analysis and recommendations
Collaborate with cross-functional partners, including key functions and business units

Skills

Key technologies and capabilities for this role

Financial ModelingExcelPowerPointMarket ResearchQuantitative AnalysisStrategic AnalysisPrimary ResearchSecondary Research

Questions & Answers

Common questions about this position

What benefits does Nordstrom offer to employees?

Nordstrom offers medical/vision, dental, retirement, paid time away, life insurance, disability, merchandise discount, and EAP resources.

Is this position remote or hybrid, and where is it located?

This is a hybrid position located in Seattle.

What experience and skills are required for the Strategy Associate role?

Candidates need 2+ years with a leading management consulting firm or retail strategy experience, strong quantitative skills including model building, strong interpersonal and communication skills, ability to collaborate cross-functionally, and proficiency in Excel and PowerPoint. A Bachelor's degree and interest in retail industry dynamics are also required.

What is the company culture like for the Enterprise Strategy team at Nordstrom?

The team is high-impact and widely-respected with a high concentration of talent, offering quick ramp-up, unmatched visibility into business drivers, exposure to executives, and opportunities to tackle tough problems and define your career path.

What makes a strong candidate for this Strategy Associate position?

A strong candidate has 2+ years at a top consulting firm like Bain, BCG, or McKinsey, or retail strategy experience, along with strong quantitative skills, retail industry knowledge, excellent communication, collaboration abilities, and Excel/PowerPoint proficiency.

Nordstrom

Retailer offering clothing and accessories

About Nordstrom

Nordstrom is a retail company that focuses on providing a wide range of clothing, shoes, and accessories for men, women, and children. The company operates department stores and an online platform where customers can shop for various brands and styles. Nordstrom emphasizes a strong customer service experience, encouraging employees to take initiative and develop their careers within the organization. Unlike many competitors, Nordstrom fosters a culture of leadership and personal growth among its staff, which contributes to a dedicated and motivated workforce. The company's goal is to create a positive shopping experience while also being committed to environmental sustainability and community support.

Seattle, WashingtonHeadquarters

N/AYear Founded

$16MTotal Funding

N/ACompany Stage

Consumer GoodsIndustries

10,001+Employees

Benefits

Health Insurance

Dental Insurance

Life Insurance

Disability Insurance

401(k) Retirement Plan

Risks

Increased competition from online retailers like Amazon may impact Nordstrom's market share.

Economic uncertainty could reduce consumer spending on luxury items, affecting sales.

Expansion into international markets exposes Nordstrom to geopolitical and currency risks.

Differentiation

Nordstrom emphasizes employee empowerment and career growth within the company.

The company is committed to environmental sustainability and community support.

Nordstrom's experiential retail approach includes pop-up shops and exclusive collaborations.

Upsides

Nordstrom Rack is expanding with new locations in West End and Lubbock by 2025.

The Nordy Club enhances customer savings and loyalty through exclusive benefits.

Strategic collaborations, like with DXL Big + Tall, expand Nordstrom's customer base.

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