Nordstrom, Inc. reported a 5.4 percent increase in same-store sales for the four-week period ended October 29, 2011 compared with the four-week period ended October 30, 2010. Sales of $749 million for October 2011 increased 13.3 percent compared with total retail sales of $662 million for the same period in fiscal 2010.
Third quarter same-store sales increased 7.9 percent compared with the same period in fiscal 2010. Preliminary third quarter total retail sales of $2.38 billion increased 14.2 percent compared with total retail sales of $2.09 billion for the same period in fiscal 2010.
Year-to-date same-store sales increased 7.2 percent compared with the same period in fiscal 2010. Preliminary year-to-date total retail sales of $7.33 billion increased 12.8 percent compared with total retail sales of $6.49 billion for the same period in fiscal 2010.
OCTOBER SALES RESULTS | ||||||||||||||||
(unaudited; $ in millions)
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Total Retail Sales |
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Same-store Sales |
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Fiscal 2011(1) |
Fiscal 2010 |
Percent Increase |
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Total | Nordstrom(2) |
Nordstrom Rack |
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October |
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$749 |
$662 |
13.3 |
% |
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5.4 |
% |
5.7 |
% |
7.4 |
% |
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Third Quarter |
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$2,383 |
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$2,087 |
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14.2 |
% |
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7.9 |
% |
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8.5 |
% |
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6.8 |
% |
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Year-to-date |
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$7,328 |
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$6,494 |
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12.8 |
% |
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7.2 |
% |
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8.1 |
% |
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4.3 |
% |
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Number of stores |
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10/29/11 | 10/30/10 |
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Nordstrom |
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117 |
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115 |
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Nordstrom Rack and other |
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108 |
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88 |
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Total |
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225 |
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203 |
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Gross square footage |
24,744,000 |
23,802,000 |
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(1)Includes sales made through HauteLook, Nordstrom’s online private sale subsidiary. |
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(2)Nordstrom, formerly referred to as “Multi-channel,”
includes Nordstrom full-line stores and Direct. |