Nordstrom, Inc. reported a 9.8 percent increase in same-store sales for the four-week period ended Oct. 27 compared with the four-week period ended Oct. 29, 2011. Preliminary total retail sales of $835 million for October 2012 increased 11.5 percent compared with total retail sales of $749 million for the same period in fiscal 2011.
Third quarter same-store sales, which reflected a shift in the timing of the Anniversary Sale event, increased 10.7 percent compared with the same period in fiscal 2011. Preliminary third quarter total retail sales of $2.71 billion increased 13.8 percent compared with total retail sales of $2.38 billion for the same period in fiscal 2011.
Year-to-date same-store sales increased 7.7 percent compared with the same period in fiscal 2011. Preliminary year-to-date total retail sales of $8.17 billion increased 11.4 percent compared with total retail sales of $7.33 billion for the same period in fiscal 2011.
OCTOBER SALES RESULTS
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(unaudited; $ in millions)
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Total Retail Sales | Same-store Sales | |||||||||||
Fiscal 2012 |
Fiscal 2011 |
Percent Increase |
Total | Nordstrom |
Nordstrom Rack |
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October | $835 | $749 | 11.5% | 9.8% | 10.2% | 10.5% | ||||||
Third Quarter | $2,713 | $2,383 | 13.8% | 10.7% | 11.2% | 8.1% | ||||||
Year-to-date | $8,166 | $7,328 | 11.4% | 7.7% | 8.1% | 7.5% | ||||||
Number of stores
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Oct-12 | Oct-11 | ||||||||||
Nordstrom | 117 | 117 | ||||||||||
Nordstrom Rack and other | 121 | 108 | ||||||||||
Total | 238 | 225 | ||||||||||
Gross square footage | 25,213,000 | 24,744,000 | ||||||||||
Same-store sales include sales from stores that have been open at least
one full year as of the beginning of the fiscal year. Nordstrom includes
sales from both full-line stores and Direct because of the integration
of these two channels. Total same-store sales include accounting
adjustments that are not allocated to Nordstrom and Nordstrom Rack.
Same-store sales exclude sales made through HauteLook, Nordstrom’s
online private sale subsidiary, which was acquired in the first quarter
of 2011.