With C2FO, Nordstrom offers its vendors a way to improve cash flow on demand while increasing gross margins.
For over 100 years, Nordstrom has worked to deliver the best shopping experience in fashion—helping customers develop style, not just buy clothes.
That commitment to providing its customers with the best possible service has taken it from a small Seattle shoe shop in 1901 to the leading fashion retailer it is today.
Through its over 370 stores around the U.S. and Canada, Nordstrom offers compelling clothing, shoes, and accessories for people of all ages.
“C2FO is a win for us because it provides a service for our suppliers in meeting their cash flow needs while increasing our gross margin at the same time.”
Director of Merchandise Operations
As a curator of specialty fashion, Nordstrom is always looking to expand and strengthen its supply chain.
When Nordstrom set out to formalize a dynamic discounting option for vendors, it needed a solution that was low maintenance, attractive for vendors, and would improve its bottom line.
C2FO enables Nordstrom to provide its vendors with an easy way to improve cash flow while simultaneously increasing gross margins.
Nordstrom appreciates that C2FO handles all the onboarding and works directly with vendors to encourage participation. For vendors in a tight credit market, C2FO is a flexible and attractive alternative to traditional funding options and static early payment discounts.
With a strong and healthy supply chain, Nordstrom can focus on continuing to bring great fashion to American consumers.