<PAGE>
                  SECURITIES AND EXCHANGE COMMISSION

                         Washington, DC 20549

                              FORM 10-Q

[X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE
    SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended October 31, 1994

[ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
    SECURITIES EXCHANGE ACT OF 1934

For the transition period from_______ to _________
                    Commission File Number 0-6074

                       Nordstrom, Inc.
    ______________________________________________________
    (Exact name of Registrant as specified in its charter)

            Washington                            91-0515058
    ______________________________            _________________
   (State or other jurisdiction of             (IRS Employer
     incorporation or organization)           Identification No.)

          1501 Fifth Avenue, Seattle, Washington  98101
       ____________________________________________________
       (Address of principal executive offices)  (Zip code)

Registrant's telephone number, including area code:  206-628-2111


	Indicate by check mark whether the Registrant (1) has filed all 
reports required to be filed by Section 13 or 15(d) of the Securities 
Exchange Act of 1934 during the preceding 12 months (or for such shorter 
period that the Registrant was required to file such reports), and (2) 
has been subject to such filing requirements for the past 90 days.


                       YES    X      NO
                            ____         ____

Common stock outstanding as of November 18, 1994:  82,192,486 shares of 
common stock.








                                 1 of 9

<PAGE>
                    NORDSTROM, INC. AND SUBSIDIARIES
                    --------------------------------
                               INDEX
                               -----


                                                            Page
                                                           Number

PART I.  FINANCIAL INFORMATION


    Item 1.  Financial Statements (Unaudited)

        Consolidated Statements of Earnings
           Three and nine months ended
           October 31, 1994 and 1993                           3

        Consolidated Balance Sheets
           October 31, 1994 and 1993 and 
           January 31, 1994                                    4

        Consolidated Statements of Cash Flows
           Nine months ended October 31, 1994 and 1993         5

        Notes to Consolidated Financial Statements             6


    Item 2.  Management's Discussion and Analysis of 
        Financial Condition and Results of Operations          7


PART II.  OTHER INFORMATION


    Item 1.  Legal Proceedings                                 8


    Item 6.  Exhibits and Reports on Form 8-K                  8




















                                 2 of 9

<PAGE>
                  NORDSTROM, INC. AND SUBSIDIARIES
                 CONSOLIDATED STATEMENTS OF EARNINGS
           (dollars in thousands except per share amounts)
                            (unaudited)

<TABLE>
<CAPTION>
                               Three Months          Nine Months
                              Ended October 31,     Ended October 31,
                           ---------------------  ---------------------
                              1994       1993        1994       1993
                           ---------- ----------  ---------- ----------
<S>                        <C>        <C>         <C>        <C>
Net sales                  $  861,968 $  769,373  $2,703,531 $2,482,514

Costs and expenses:
  Cost of sales and related
    buying and occupancy      569,312    524,316   1,803,107  1,717,921
  Selling, general and
    administrative            246,307    216,330     728,767    672,860
  Interest, net                 7,705      9,329      22,853     29,015
  Service charge income
    and other, net            (24,435)   (22,658)    (71,271)   (67,884)
                           ---------- ----------  ---------- ----------
  Total costs and 
    expenses                  798,889    727,317   2,483,456  2,351,912
                           ---------- ----------  ---------- ----------
Earnings before 
  income taxes                 63,079     42,056     220,075    130,602
Income taxes                   25,000     16,600      87,000     51,200
                           ---------- ----------  ---------- ----------

Net earnings               $   38,079 $   25,456  $  133,075 $   79,402
                           ========== ==========  ========== ==========
Net earnings per average
  share of common stock    $      .46 $      .31  $     1.62 $      .97
                           ========== ==========  ========== ==========
Cash dividends paid 
  per share of common 
  stock outstanding        $      .10 $     .085  $     .285 $     .255
                           ========== ==========  ========== ==========
</TABLE>


These statements should be read in conjunction with the Notes to Consolidated 
Financial Statements contained herein and in the Nordstrom 1993 Annual Report 
to Shareholders.








                                 3 of 9

<PAGE>
                   NORDSTROM, INC. AND SUBSIDIARIES
                      CONSOLIDATED BALANCE SHEETS
                       (dollars in thousands)
                             (unaudited)

<TABLE>
<CAPTION>
                                  October 31,  January 31,  October 31,
                                     1994         1994         1993
                                  ----------   ----------   ----------
<S>                               <C>          <C>          <C>
ASSETS
Current Assets:
  Cash and cash equivalents       $   43,995   $   91,222   $   66,939
  Accounts receivable, net           580,408      586,441      533,438
  Merchandise inventories            849,102      585,602      760,957
  Prepaid income taxes and other      52,800       51,649       50,403
                                  ----------   ----------   ----------
  Total current assets             1,526,305    1,314,914    1,411,737
Property, buildings and
  equipment, net                     950,489      845,596      821,627
Other assets                          14,324       16,971       14,541
                                  ----------   ----------   ----------
                                  $2,491,118   $2,177,481   $2,247,905
                                  ==========   ==========   ==========

LIABILITIES AND SHAREHOLDERS' EQUITY
Current Liabilities:
  Notes payable                   $  196,393   $   40,337   $   79,177

  Accounts payable                   426,486      264,055      360,075
  Accrued salaries, wages
    and taxes                        161,038      156,947      146,952
  Accrued expenses                    36,583       35,994       40,146
  Accrued income taxes                 3,135       27,988        7,919
  Current portion of
    long-term debt                    36,179      102,164      107,076
                                  ----------   ----------   ----------
  Total current liabilities          859,814      627,485      741,345
Long-term debt                       297,960      336,410      346,705
Deferred income taxes and other       53,129       47,082       48,548
Shareholders' equity:
  Common stock, without par value:
    250,000,000 shares authorized;
    82,188,686, 82,059,128 and
    82,016,788 shares issued 
    and outstanding                  161,413      157,374      156,221
  Retained earnings                1,118,802    1,009,130      955,086
                                  ----------   ----------   ----------
  Total shareholders' equity       1,280,215    1,166,504    1,111,307
                                  ----------   ----------   ----------
                                  $2,491,118   $2,177,481   $2,247,905
                                  ==========   ==========   ==========
</TABLE>

These statements should be read in conjunction with the Notes to Consolidated 
Financial Statements contained herein and in the Nordstrom 1993 Annual Report
to Shareholders.

                                 4 of 9

<PAGE>
                  NORDSTROM, INC. AND SUBSIDIARIES
                CONSOLIDATED STATEMENTS OF CASH FLOWS
                        (dollars in thousands)
                              (unaudited)

<TABLE>
<CAPTION>
                                                  Nine Months
                                                Ended October 31,
                                               -------------------
                                                 1994       1993
                                               --------   --------
<S>                                            <C>        <C>
OPERATING ACTIVITIES:
  Net earnings                                 $133,075   $ 79,402
  Adjustments to reconcile net earnings 
    to net cash provided by operating 
    activities:
      Depreciation and amortization              78,901     75,246
      Change in:
        Accounts receivable, net                  6,033     69,760
        Merchandise inventories                (263,500)  (224,218)
        Prepaid income taxes and other           (1,151)       368
        Accounts payable                        162,431    139,899
        Accrued salaries, wages and taxes         4,091    (11,076)
        Accrued expenses                            589      9,005
        Income tax liabilities and other        (18,806)   (15,063)
                                               --------   --------
Net cash provided by operating activities       101,663    123,323
                                               --------   --------
INVESTING ACTIVITIES:
  Additions to property, buildings 
    and equipment, net                         (183,432)   (72,341)
  Other                                           2,285     (5,747)
                                               --------   --------
Net cash used in investing activities          (181,147)   (78,088)
                                               --------   --------
FINANCING ACTIVITIES:
  Increase in notes payable                     156,056     40,858
  Proceeds from issuance of common stock          4,039        782
  Principal payments on long-term debt         (104,435)   (28,164)
  Cash dividends paid                           (23,403)   (20,908)
                                               --------   --------
Net cash provided by (used in)
  financing activities                           32,257     (7,432)
                                               --------   --------
Net (decrease) increase in cash
  and cash equivalents                          (47,227)    37,803
Cash and cash equivalents 
  at beginning of period                         91,222     29,136
                                               --------   --------
Cash and cash equivalents at end of period     $ 43,995   $ 66,939
                                               ========   ========
</TABLE>

These statements should be read in conjunction with the Notes to Consolidated 
Financial Statements contained herein and in the Nordstrom 1993 Annual Report 
to Shareholders.

                                 5 of 9

<PAGE>
                  NORDSTROM, INC. AND SUBSIDIARIES
             NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
                       (dollars in thousands)
                            (unaudited)

Note 1:

The consolidated balance sheets of Nordstrom, Inc. and subsidiaries as 
of October 31, 1994 and 1993, and the related consolidated statements of 
earnings and cash flows for the periods then ended, have been prepared 
from the accounts without audit.

The consolidated financial information is applicable to interim periods 
and is not necessarily indicative of the results to be expected for the 
year ending January 31, 1995.

It is not considered necessary to include detailed footnote information 
as of October 31, 1994 and 1993.  The financial information should be
read in conjunction with the Notes to Consolidated Financial Statements 
contained in the Nordstrom 1993 Annual Report to Shareholders.

In the opinion of management, the consolidated financial information 
includes all adjustments (consisting only of normal, recurring 
adjustments) necessary to present fairly the financial position of 
Nordstrom, Inc. and subsidiaries as of October 31, 1994 and 1993, and 
the results of their operations and cash flows for the periods then 
ended, in accordance with generally accepted accounting principles 
applied on a consistent basis.

Note 2:  The summarized unaudited combined results of operations
         of Nordstrom Credit, Inc. and Nordstrom National Credit
         Bank are as follows:

<TABLE>
<CAPTION>
                               Three Months       Nine Months
                              Ended October 31,  Ended October 31,
                                1994      1993     1994      1993
                             -----------------   ----------------
    <S>                      <C>       <C>       <C>      <C>
    Service charge and 
      merchant fee income    $26,745   $23,936   $75,898  $71,537
    Earnings before 
      income taxes             9,085     8,669    27,472   24,845
    Net earnings               5,755     5,546    17,502   15,900

</TABLE>



                                 6 of 9

<PAGE>
                NORDSTROM, INC. AND SUBSIDIARIES
 
            MANAGEMENT'S DISCUSSION AND ANALYSIS OF
           FINANCIAL CONDITION AND RESULTS OF OPERATIONS


The following discussion should be read in conjunction with the 
Management Discussion and Analysis section of the Nordstrom 1993 Annual 
Report to Shareholders.


Results of Operations:
- ----------------------
During the third quarter of 1994, sales increased 12.0% when compared 
with the same quarter of 1993.  For the nine-month period, sales 
increased 8.9% compared to the same period in 1993.  Sales for 
comparable stores increased 6.7% during the quarter and 5.6% for the 
nine-month period, with the remainder of the increase coming from new 
units.  The increase in comparable stores sales for the third quarter 
was partially due to a shift in the Company's Anniversary Sale, which 
resulted in an additional one-week period of the sale occurring in the 
third quarter of 1994, compared to 1993.  Without the effect of the 
shift, management estimates the Company's comparable stores sales 
increase for the third quarter would have been approximately 2% lower.  
The Company has experienced a gradual decline in comparable store sales 
increases in 1994.

Cost of sales and related buying and occupancy costs decreased as a 
percentage of sales for the quarter and the nine-month period due 
to improved merchandise margins, most notably for women's apparel, 
and a decrease in occupancy costs.  For the quarter, the decrease was 
partially offset by an increase in buying expense.  The improving trend 
in merchandise margins for women's apparel began in the fourth quarter 
of 1993.  As a result, management does not anticipate as significant an 
improvement in merchandise margins in the fourth quarter of 1994, as 
compared to the same quarter of 1993.

Selling, general and administrative expenses increased as a percentage 
of sales during the third quarter of 1994, as compared to the same 
quarter of 1993, due primarily to increased sales promotion and selling 
costs.  For the nine-month period, selling, general and administrative 
expenses decreased as a percentage of sales when compared to the same 
period in the prior year, due primarily to decreased employee benefits 
and bad debts.


Financial Condition:
- --------------------
The Company's financial condition remains strong.  With increased 
spending on expansion and the start of the Company's VISA credit card 
program in May, the Company has required some external financing.


                                 7 of 9

<PAGE>
                    NORDSTROM, INC. AND SUBSIDIARIES

                MANAGEMENT'S DISCUSSION AND ANALYSIS OF
             FINANCIAL CONDITION AND RESULTS OF OPERATIONS


Financial Condition (continued):
- --------------------------------
During the quarter, Nordstrom Credit, Inc. filed a shelf registration 
statement on Form S-3 for $250 million in debt, and subsequent to 
quarter-end issued $50 million in medium-term notes under the shelf 
registration.

The Company opened two new full-line stores during the third quarter in 
Santa Anita Mall in Arcadia, California and Old Orchard Mall in Skokie, 
Illinois.  In addition, the Company also opened an expanded store in 
Washington Square in Portland, Oregon and an expanded store in Bellevue 
Square in Bellevue, Washington during the quarter.  This completes the 
store opening schedule for the year.  Construction is progressing as 
planned on new stores scheduled to open in 1995.



 
                     PART II - OTHER INFORMATION



Item 1.  Legal Proceedings
- --------------------------
The Company is not involved in any pending legal proceedings, other than 
routine litigation in the ordinary course of business.



Item 6.  Exhibits and Reports on Form 8-K
- -----------------------------------------
(a)  Exhibits
     --------

    (27.1)  Financial Data Schedule is filed herewith electronically.

(b)  Reports on Form 8-K
     -------------------

     No reports on Form 8-K were filed during the quarter for which this 
     report is filed.








                                 8 of 9

<PAGE>

                             SIGNATURES


Pursuant to the requirements of the Securities Exchange Act of 1934, the 
Registrant has duly caused this report to be signed on its behalf by the 
undersigned thereunto duly authorized.


                          NORDSTROM, INC.
                            (Registrant)



                      /s/         John A. Goesling
                      __________________________________________
                      John A. Goesling, Executive Vice President
                                      and Treasurer
                     (Principal Financial and Accounting Officer)


Date:  December 2, 1994
_________________________































                                 9 of 9


<PAGE>
NORDSTROM INC. AND SUBSIDIARIES




Exhibit Index

<TABLE>
<CAPTION>

Exhibit                                    Method of Filing
- ---------------------------------------    -----------------------------
<S>                                        <C>
27.1  Financial Data Schedule              Filed herewith electronically



</TABLE>






<TABLE> <S> <C>

<ARTICLE> 5
<MULTIPLIER> 1000
       
<S>                             <C>
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          JAN-31-1995
<PERIOD-END>                               OCT-31-1994
<CASH>                                           43995
<SECURITIES>                                         0
<RECEIVABLES>                                   580408
<ALLOWANCES>                                         0
<INVENTORY>                                     849102
<CURRENT-ASSETS>                               1526305
<PP&E>                                          950489
<DEPRECIATION>                                       0
<TOTAL-ASSETS>                                 2491118
<CURRENT-LIABILITIES>                           859814
<BONDS>                                         297960
<COMMON>                                        161413
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<OTHER-SE>                                     1118802
<TOTAL-LIABILITY-AND-EQUITY>                   2491118
<SALES>                                        2703531
<TOTAL-REVENUES>                               2703531
<CGS>                                          1803107
<TOTAL-COSTS>                                  2483456
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                               22853
<INCOME-PRETAX>                                 220075
<INCOME-TAX>                                     87000
<INCOME-CONTINUING>                                  0
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                    133075
<EPS-PRIMARY>                                     1.62
<EPS-DILUTED>                                     1.62
        

</TABLE>