Nordstrom, Inc. reported a 7.9 percent increase in same-store sales for the five-week period ended July 2, 2011 compared with the five-week period ended July 3, 2010. Preliminary total retail sales of $927 million for June 2011 increased 12.8 percent compared with total retail sales of $822 million for the same period in fiscal 2010.
Quarter-to-date same-store sales increased 7.7 percent compared with the same period in fiscal 2010. Preliminary quarter-to-date total retail sales of $1.72 billion increased 12.9 percent compared with total retail sales of $1.53 billion for the same period in fiscal 2010.
Year-to-date same-store sales increased 7.0 percent compared with the same period in fiscal 2010. Preliminary year-to-date total retail sales of $3.95 billion increased 12.4 percent compared with total retail sales of $3.52 billion for the same period in fiscal 2010.
Nordstrom�â¬ï¿½s 17-day Anniversary Sale will begin on July 15th. The sale�â¬ï¿½s start on the third Friday in July is consistent timing with last year. Historically, July has been the second-highest sales month of the year.
| JUNE SALES RESULTS | ||||||||||||||
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(unaudited; $ in millions) | |||||||||||||
| Total Retail Sales | Same-store Sales | |||||||||||||
|
Fiscal
2011(1) |
Fiscal
2010 |
Percent
Increase |
Total | Nordstrom(2) |
Nordstrom
Rack |
|||||||||
| June | $927 | $822 | 12.8% | 7.9% | 9.0% | 4.6% | ||||||||
| Quarter-to-date | $1,723 | $1,527 | 12.9% | 7.7% | 8.4% | 5.2% | ||||||||
| Year-to-date | $3,952 | $3,517 | 12.4% | 7.0% | 8.1% | 2.8% | ||||||||
| Number of stores | 7/2/11 | 7/3/10 | ||||||||||||
| Nordstrom | 116 | 114 | ||||||||||||
| Nordstrom Rack and other | 98 | 79 | ||||||||||||
| Total | 214 | 193 | ||||||||||||
| Gross square footage | 24,298,000 | 23,343,000 | ||||||||||||
| (1)Includes sales made through HauteLook, Nordstrom�â¬ï¿½s online private sale subsidiary. | ||||||||||||||
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(2)Nordstrom, formerly referred to as �â¬ï¿½Multi-channel,�â¬ï¿½ includes Nordstrom full-line stores and Direct.
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Founded in 1901 as a shoe store in Seattle, today Nordstrom operates 116 Nordstrom full-line stores, 95 Nordstrom Rack stores, two Jeffrey boutiques and one clearance store. Nordstrom serves customers through its online presence at Nordstrom.com and through its catalogs. Nordstrom also operates in the online private sale marketplace through its subsidiary HauteLook.
