Revenue

3 Months Ended

May 02, 2020

Revenue from Contract with Customer [Abstract]

Revenue

NOTE 2: REVENUE

Contract Liabilities

Contract liabilities represent our obligation to transfer goods or services to customers and include deferred revenue for The Nordy Club (including points and Nordstrom Notes) and gift cards. Our contract liabilities are classified as current on the Condensed Consolidated Balance Sheet and are as follows:

	Contract Liabilities
Balance as of February 2, 2019		$548
Balance as of May 4, 2019	504
Balance as of February 1, 2020	576
Balance as of May 2, 2020	489

Revenues recognized from our beginning contract liability balance were $130 for the quarter ended May 2, 2020 and $148 for the quarter ended May 4, 2019.

Disaggregation of Revenue

The following table summarizes our disaggregated net sales:

	Quarter Ended
	May 2, 2020			May 4, 2019
Full-Price		$1,357			$2,127
Off-Price	669			1,222
Total net sales		$2,026			$3,349
Digital sales as a % of total net sales	54		%	31		%

The following table summarizes the percent of net sales by merchandise category:

	Quarter Ended
	May 2, 2020		May 4, 2019
Women’s Apparel	33	%	33	%
Shoes	24	%	24	%
Men’s Apparel	12	%	15	%
Women’s Accessories	12	%	11	%
Beauty	12	%	10	%
Kids’ Apparel	4	%	4	%
Other	3	%	3	%
Total net sales	100	%	100	%