Nordstrom, Inc. reported a 5.0 percent increase in same-store sales for the four-week period ended Jan. 28, compared with the four-week period ended Jan. 29, 2011. Preliminary total retail sales of $688 million for January 2012 increased 13.2 percent compared with total retail sales of $607 million for the same period in fiscal 2010.
Fourth quarter same-store sales increased 7.1 percent compared with the same period in fiscal 2010. Preliminary fourth quarter total retail sales of $3.17 billion increased 12.5 percent compared with total retail sales of $2.82 billion for the same period in fiscal 2010.
Fiscal year 2011 same-store sales increased 7.2 percent compared with fiscal year 2010. Preliminary fiscal year 2011 total retail sales of $10.50 billion increased 12.7 percent compared with total retail sales of $9.31 billion for fiscal year 2010.
JANUARY SALES RESULTS | ||||||||||||||
(unaudited; $ in millions) | ||||||||||||||
Total Retail Sales | Same-store Sales | |||||||||||||
Fiscal 2011 | Fiscal 2010 | Percent Increase | Total | Nordstrom | Nordstrom Rack | |||||||||
January | $688 | $607 | 13.2% | 5.0% | 5.3% | 1.3% | ||||||||
Fourth quarter | $3,169 | $2,816 | 12.5% | 7.1% | 8.4% | 2.2% | ||||||||
Fiscal year | $10,497 | $9,310 | 12.7% | 7.2% | 8.2% | 3.7% | ||||||||
Number of stores | Jan-12 | Jan-11 | ||||||||||||
Nordstrom | 117 | 115 | ||||||||||||
Nordstrom Rack and other | 108 | 89 | ||||||||||||
Total | 225 | 204 | ||||||||||||
Gross square footage | 24,745,000 | 23,838,000 |