Nordstrom, Inc. reported a 7.6 percent increase in same-store sales for the four-week period ended April 30, 2011 compared with the four-week period ended May 1, 2010. Preliminary total retail sales of $726 million for April 2011 increased 14.2 percent compared with total retail sales of $636 million for the same period in fiscal 2010.
First quarter same-store sales increased 6.5 percent compared with the same period in fiscal 2010. Preliminary first quarter total retail sales of $2.23 billion increased 12.0 percent compared with total retail sales of $1.99 billion for the same period in fiscal 2010.
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APRIL SALES RESULTS (unaudited; $ in millions) |
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| Total Retail Sales | Same-store Sales | ||||||||||
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Fiscal
2011(1) |
Fiscal
2010 |
Percent
Increase |
Total | Nordstrom(2) |
Nordstrom
Rack |
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| April | $726 | $636 | 14.2% | 7.6% | 9.3% | 2.7% | |||||
| First Quarter | $2,229 | $1,990 | 12.0% | 6.5% | 7.8% | 1.2% | |||||
| Number of stores | 4/30/11 | 5/1/10 | |||||||||
| Nordstrom | 116 | 114 | |||||||||
| Nordstrom Rack and other | 95 | 78 | |||||||||
| Total | 211 | 192 | |||||||||
| Gross square footage | 24,184,000 | 23,289,000 | |||||||||
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(1)Includes sales made through HauteLook, Nordstromâ€s online private sale subsidiary.
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(2)Nordstrom, formerly referred to as â€Multi-channel,†includes Nordstrom full-line stores and Direct.
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EXPANSION UPDATE
In April, Nordstrom opened a Nordstrom full-line store at Christiana Mall in Newark, Del. and a Nordstrom Rack store at Belmar in Lakewood, Colo. In addition, Nordstrom relocated its Nordstrom Rack store at Flatiron Marketplace in Broomfield, Colo. to the Twenty Ninth Street shopping center in Boulder, Colo.
In May, Nordstrom plans to open three Nordstrom Rack stores at Towne Place at Garden State Plaza in Cherry Hill, N.J.; Friendship Center in Washington, D.C.; and Annapolis Harbour Center in Annapolis, Md.
