Nordstrom, Inc. reported a 6.3% increase in
same-store sales for the four-week period ended August 28. Preliminary total
retail sales of $615 million for August 2010 increased 13.6%
compared with total retail sales of $541 million for the same period in
fiscal 2009.
Year-to-date same-store sales increased 9.5% compared with the
same period in fiscal 2009. Preliminary year-to-date total retail sales
of $5.02 billion increased 14.3% compared with total retail sales
of $4.39 billion for the same period in fiscal 2009.
AUGUST SALES RESULTS
(unaudited; $ in millions)
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Total Retail Sales
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Same-store Sales
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Fiscal 2010 |
Fiscal 2009 |
%
Increase
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Total |
Full-line
Stores
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Direct |
Multi-channel
(Full-line Stores and Direct) |
Rack Stores | ||||||||
August |
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$615 |
$541 |
13.6% |
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6.3% |
7.8% |
3.7% |
7.5% |
(4.2%) |
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Year-to-date |
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$5,022 |
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$4,392 |
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14.3% |
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9.5% |
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9.5% |
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32.6% |
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11.1% |
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(0.1%) |
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Number of stores |
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8/28/10
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8/29/09
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Full-line |
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115 |
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111 |
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Rack and other |
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81
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65
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Total |
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196
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176 |
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Gross square footage |
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23,547,000 |
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22,387,000 |
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EXPANSION UPDATES
In August, Nordstrom opened one full-line store at Santa Monica Place in
Santa Monica, California. Nordstrom also opened two Rack stores at
Pentagon Centre in Arlington, Virginia and Fair Lakes Promenade in
Fairfax, Virginia.
