<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, 1995

[ ] 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 24, 1995:  81,171,860 shares of 
common stock.













                                 1 of 9

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


<TABLE>
<CAPTION>
                                                                   Page
                                                                  Number
                                                                  <C>
<S>

PART I.  FINANCIAL INFORMATION


    Item 1.  Financial Statements (unaudited)

        Consolidated Statements of Earnings
           Three and nine months ended
           October 31, 1995 and 1994                                 3

        Consolidated Balance Sheets
           October 31, 1995 and 1994 and 
           January 31, 1995                                          4

        Consolidated Statements of Cash Flows
           Nine months ended October 31, 1995 and 1994               5

        Notes to Consolidated Financial Information                  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
</TABLE>






















                                 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,
                            --------------------- ---------------------
                               1995       1994       1995       1994
                            ---------- ---------- ---------- ----------
<S>                         <C>        <C>        <C>        <C>
Net sales                   $  906,848 $  861,968 $2,871,685 $2,703,531

Costs and expenses:
  Cost of sales and related
    buying and occupancy       612,284    569,312  1,945,802  1,803,107
  Selling, general and
    administrative             267,552    246,307    806,813    728,767
  Interest, net                 10,849      7,705     28,527     22,853
  Service charge income
    and other, net             (32,379)   (24,435)   (92,741)   (71,271)
                            ---------- ---------- ---------- ----------
  Total costs and
    expenses                   858,306    798,889  2,688,401  2,483,456
                            ---------- ---------- ---------- ----------

Earnings before
  income taxes                  48,542     63,079    183,284    220,075
Income taxes                    19,100     25,000     72,300     87,000
                            ---------- ---------- ---------- ----------
Net earnings                $   29,442 $   38,079 $  110,984 $  133,075
                            ========== ========== ========== ==========
Net earnings per average
  share of common stock     $      .36 $      .46 $     1.35 $     1.62
                            ========== ========== ========== ==========
Cash dividends paid
  per share of common
  stock outstanding         $     .125 $      .10 $     .375 $     .285
                            ========== ========== ========== ==========


<FN>
These statements should be read in conjunction with the Notes to 
Consolidated Financial Statements contained herein and in the Nordstrom 
1994 Annual Report to Shareholders.

</TABLE>









                                 3 of 9

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

<TABLE>
<CAPTION>
                                   October 31,  January 31,  October 31,
                                      1995         1995         1994
                                   ----------   ----------   ----------
<S>                                <C>          <C>          <C>
ASSETS
Current Assets:
  Cash and cash equivalents        $   52,324   $   32,497   $   43,995
  Accounts receivable, net            818,314      675,891      580,408
  Merchandise inventories             877,772      627,930      849,102
  Prepaid income taxes and other       63,644       61,395       52,800
                                   ----------   ----------   ----------
  Total current assets              1,812,054    1,397,713    1,526,305
Property, buildings and 
  equipment, net                    1,070,051      984,195      950,489
Other assets                           15,838       14,875       14,324
                                   ----------   ----------   ----------
                                   $2,897,943   $2,396,783   $2,491,118
                                   ==========   ==========   ==========

LIABILITIES AND SHAREHOLDERS' EQUITY
Current Liabilities:
  Notes payable                    $  258,057   $   87,388   $  196,393

  Accounts payable                    429,147      273,084      426,486
  Accrued salaries, wages
    and taxes                         174,233      190,501      161,038
  Accrued expenses                     52,878       40,990       36,583
  Accrued income taxes                  2,746       22,524        3,135
  Current portion
    of long-term debt                  99,997       75,967       36,179
                                   ----------   ----------   ----------
  Total current liabilities         1,017,058      690,454      859,814
Long-term debt                        390,122      297,943      297,960
Deferred income taxes and other       103,558       64,586       53,129
Shareholders' equity:
  Common stock, without par value:
    250,000,000 shares authorized;
    81,319,601, 82,244,098 and
    82,188,686 shares issued 
    and outstanding                   166,080      163,334      161,413
  Retained earnings                 1,221,125    1,180,466    1,118,802
                                   ----------   ----------   ----------
  Total shareholders' equity        1,387,205    1,343,800    1,280,215
                                   ----------   ----------   ----------
                                   $2,897,943   $2,396,783   $2,491,118
                                   ==========   ==========   ==========
<FN>
These statements should be read in conjunction with the Notes to 
Consolidated Financial Statements contained herein and in the Nordstrom 
1994 Annual Report to Shareholders.
</TABLE>



                                  4 of 9

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

<TABLE>
<CAPTION>
                                                       Nine Months
                                                    Ended October 31,
                                                   ------------------
                                                     1995      1994
                                                   --------  --------
<S>                                                <C>       <C>
OPERATING ACTIVITIES:
  Net earnings                                     $110,984  $133,075
  Adjustments to reconcile net earnings
    to net cash (used in) provided by
    operating activities:
      Depreciation and amortization                  96,468    78,901
      Change in:
        Accounts receivable, net                   (142,423)    6,033
        Merchandise inventories                    (249,842) (263,500)
        Prepaid income taxes and other               (2,249)   (1,151)
        Accounts payable                            156,063   162,431
        Accrued salaries, wages and taxes           (16,268)    4,091
        Accrued expenses                             11,888       589
        Income tax liabilities and other            (26,013)  (18,806)
                                                   --------  --------
Net cash (used in) provided by operating
  activities                                        (61,392)  101,663
                                                   --------  --------
INVESTING ACTIVITIES:
  Additions to property, buildings
    and equipment, net                             (136,693) (183,432)
  Other                                                (248)    2,285
                                                   --------  -------- 
Net cash used in investing activities              (136,941) (181,147)
                                                   --------  --------

FINANCING ACTIVITIES:
  Increase in notes payable                         170,669   156,056
  Proceeds from issuance of long-term debt, net     140,861         -
  Principal payments on long-term debt              (25,791) (104,435)
  Proceeds from issuance of common stock              2,746     4,039
  Cash dividends paid                               (30,848)  (23,403)
  Purchase and retirement of common stock           (39,477)        -
                                                   --------  --------
Net cash provided by financing activities           218,160    32,257
                                                   --------  --------
Net increase (decrease) in cash
  and cash equivalents                               19,827   (47,227)

Cash and cash equivalents at 
  beginning of period                                32,497    91,222
                                                   --------  --------
Cash and cash equivalents at end of period         $ 52,324  $ 43,995
                                                   ========  ========
<FN>
These statements should be read in conjunction with the Notes to 
Consolidated Financial Statements contained herein and in the Nordstrom 
1994 Annual Report to Shareholders.
</TABLE>

                                 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 (the
"Company") as of October 31, 1995 and 1994, 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, 1996.

It is not considered necessary to include detailed footnote information 
as of October 31, 1995 and 1994.  The financial information should be read 
in conjunction with the Notes to Consolidated Financial Statements 
contained in the Nordstrom 1994 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, 1995 and 1994, 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,
                              1995     1994         1995     1994
                            -------- --------     -------- --------
    <S>                     <C>       <C>         <C>       <C>
    Total revenue           $36,338   $26,745     $98,176   $75,898
    Earnings before income
      taxes                  12,589     9,085      27,064    27,472
    Net earnings              8,004     5,755      17,264    17,502
</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 1994 Annual Report to
Shareholders.

Results of Operations:
- ----------------------
During the third quarter of 1995, sales increased 5.2% when compared with the
same quarter in 1994.  For the nine-month period, sales increased 6.2%
compared to the same period in 1994.  These sales increases were attributable
entirely to new units as comparable store sales decreased by 2.0% for the
quarter and .6% for the nine-month period.  The disappointing comparable
store sales results reflect a continuing sluggish retail climate for apparel
sales. The Company remains cautious with respect to sales projections for the
remainder of the year. 

Cost of sales and related buying and occupancy costs increased as a percentage
of sales for the quarter and the nine-month period as compared to the
corresponding periods in 1994 due primarily to higher occupancy costs
resulting from new stores and remodeling projects. Buying costs also
increased during the quarter and the nine-month period because of spending
on development and implementation of an inventory management system, and on
development of the Company's own merchandise brands.

Selling, general and administrative expenses increased as a percentage of
sales during the quarter and the nine-month period as compared to the
corresponding periods in 1994.  Factors that contributed to the increase
included higher selling costs, higher sales promotion costs for the Company's
direct sales division, increased bad debt and promotional expenses related to
the Company's VISA card program, and spending on the development of a new
payroll system.  These costs were partially offset by lower employee benefit
costs.

Service charge income and other, net increased as a percentage of sales for the
third quarter and for the nine-month period, as compared to the same periods
in 1994, primarily due to net revenues resulting from the Company's VISA card
program which commenced in May, 1994.  For the nine-month period, one-time
gains on the sale of a closed distribution facility and a full-line store,
totaling $6.3 million ($.05 per share after income taxes) also contributed to
the increase.















                                 7 of 9

<PAGE>
                     NORDSTROM, INC. AND SUBSIDIARIES

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

Financial Condition:
- --------------------
The Company's working capital at October 31, 1995 increased when compared to
October 31, 1994 and January 31, 1995 due primarily to increased investment
in accounts receivable and merchandise inventories.  During the nine-months
ended October 31, 1995, the Company issued $141 million in medium term notes
to fund its expansion and general working capital needs.

During the third quarter the Company opened two new full-line stores in The
Mall at Short Hills in Millburn, New Jersey and Circle Centre Mall in
Indianopolis, Indiana and a rack store in the Supermall of the Great Northwest
in Auburn, Washington.  This completes the store opening schedule for the
year.  Construction is progressing as planned on new stores scheduled to open
in 1996.




 
                      PART II - OTHER INFORMATION


Item 1.  Legal Proceedings


- --------------------------
The Company is not involved in any material 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 herein as an Exhibit.

(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 5, 1995
- -----------------------




































                                 9 of 9

<PAGE>
NORDSTROM, INC. AND SUBSIDIARIES

<TABLE>
<CAPTION>

Exhibit Index

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







<TABLE> <S> <C>

<ARTICLE> 5
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          JAN-31-1996
<PERIOD-END>                               OCT-31-1995
<CASH>                                          52,324
<SECURITIES>                                         0
<RECEIVABLES>                                  818,314
<ALLOWANCES>                                         0
<INVENTORY>                                    877,772
<CURRENT-ASSETS>                             1,812,054
<PP&E>                                       1,070,051
<DEPRECIATION>                                       0
<TOTAL-ASSETS>                               2,897,943
<CURRENT-LIABILITIES>                        1,017,058
<BONDS>                                        390,122
<COMMON>                                       166,080
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<OTHER-SE>                                   1,221,125
<TOTAL-LIABILITY-AND-EQUITY>                 2,897,943
<SALES>                                      2,871,685
<TOTAL-REVENUES>                             2,871,685
<CGS>                                        1,945,802
<TOTAL-COSTS>                                2,688,401
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                              28,527
<INCOME-PRETAX>                                183,284
<INCOME-TAX>                                    72,300
<INCOME-CONTINUING>                                  0
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                   110,984
<EPS-PRIMARY>                                     1.35
<EPS-DILUTED>                                     1.35
        

</TABLE>