Nordstrom Expands Procurement Initiative with ICG Commerce

Leading Specialty Fashion Retailer Selects a Procurement Service Provider for a Partnership in Driving Procurement Improvements

PHILADELPHIA - Tuesday, July 31, 2001 - ICG Commerce, a leading comprehensive procurement service provider, 
announced today that they have expanded their partnership with Nordstrom to centralize the company's procurement 
process and deliver costs reductions over the next 4 years. ICG Commerce and Nordstrom completed an initial 
implementation of the procurement initiative, which exceeded early goals and expectations. 

Through a partnership approach, ICG Commerce and Nordstrom combined resources to analyze, organize and deliver 
more efficient buying processes across Nordstrom's Purchasing Department. Nordstrom leveraged ICG Commerce's 
RealExchangeSM for purchasing items within several pre-sourced, indirect categories. The initial implementation 
resulted in early unit, transaction and operational cost savings for Nordstrom along with the opportunity to focus 
resources on more strategic purchases. 

"As we looked at the strategic sourcing people ICG Commerce brought in, the value of partnering them with our 
commodity managers became very clear," said Steve Kesinger, vice president of Procurement for Nordstrom. "In 
essence, we are extending our resources by combining our commodity managers with the category experts from ICG 
Commerce to enhance our capabilities." 

Nordstrom and ICG Commerce have had initial success in implementing indirect categories such as corporate travel, 
logistics, business forms, office supplies and corrugated boxes. ICG Commerce provides Nordstrom corporate buyers 
access to pre-negotiated categories via the RealExchange. ICG Commerce uses strategic sourcing strategies and 
demand aggregation to lower the costs of purchased goods. 

Due to the early success, Nordstrom and ICG Commerce are now expanding the procurement initiative nationwide to 
provide services and technology to over 140 Nordstrom facilities. There will be approximately 1,200 Nordstrom 
employees accessing ICG Commerce's aggregated deals online over the next few years. As part of the expansion, 
Nordstrom will leverage ICG Commerce's sourcing expertise and technology for purchases within additional 
categories. 

"If you're a company looking for savings and results immediately, your only choice today is a comprehensive 
procurement service provider," said Bill Toler, President of the Exchange and Services Division for ICG Commerce. 
"The results that Nordstrom and ICG Commerce have been able to achieve together, is a testament to the partnership 
we've been fortunate to build." 

About ICG Commerce:
ICG Commerce is the leading procurement services provider for Global 2000 companies. Leveraging its wealth of 
supply chain management, purchasing and strategic sourcing expertise across multiple industry groups, ICG Commerce 
delivers comprehensive, tailored services for indirect, direct and total procurement management. The company is 
uniquely positioned to help companies streamline all of their procurement decisions and processes and to effect 
substantial savings and efficiencies on unit, transaction and operational costs. ICG Commerce services include 
Managed e-Procurement Services (Exchange, Spot Buys, Custom Catalogs), Strategic Services (Online Auctions, 
Sourcing Services, Accelerated Category Sourcing), and Procurement Outsourcing Services. ICG Commerce is based 
in Jenkintown, PA. Its home page address is www.icgcommerce.com. 

About Nordstrom, Inc.
Celebrating 100 years of service, Nordstrom, Inc. is one of the nation's leading fashion specialty retailers, with 122 US 
stores located in 24 states, including 77 full-line stores, 39 Nordstrom Racks, three Façonnable boutiques, two 
freestanding shoe stores, and one clearance store. Nordstrom operates 20 Façonnable boutiques, primarily in Europe. 
Additionally, Nordstrom serves customers through its online presence at http://www.nordstrom.com and through its 
direct mail catalogs. Nordstrom, Inc. is publicly traded on the NYSE under the symbol JWN. 


*** Important Notice related to ICG Commerce ***
ICG Commerce is not in any way associated with ICG Communications. Further, while Internet Capital Group 
(NASDAQ: ICGE) is a holder of ICG Commerce stock and ICG Commerce is a member of the Internet Capital Group 
partner network, ICG Commerce and Internet Capital Group (ICG) are separate and distinct operating companies. 


ICG Commerce
877-935-ICGC [4242] 


Brooke White - Nordstrom, Inc.
206-373-3030
brookewhite@nordstrom.com