Nordstrom, Inc. reported preliminary sales of $674 million for the five-week period ended April 4, 2009, a decrease of 10.1% compared with sales of $750 million for the five-week period ended April 5, 2008.
Preliminary quarter-to-date sales of $1.14 billion decreased 10.5% compared with sales of $1.28 billion for the same period in fiscal 2008. Quarter-to-date comp store sales decreased 14.3% compared with the same period in fiscal 2008.
MARCH SALES RESULTS |
|||||||||||||||||||
|
(unaudited; $ in millions) |
|||||||||||||||||||
|
Total Sales |
Comp Store Sales |
||||||||||||||||||
|
Percent |
|||||||||||||||||||
|
Fiscal |
Fiscal |
Increase/ |
Full-line |
Rack |
|||||||||||||||
|
2009 |
2008 |
|
(Decrease) |
Total |
Stores |
Stores |
|||||||||||||
| March | $674 | $750 | (10.1%) | (13.5%) | (16.9%) | 0.1% | |||||||||||||
| Quarter-to-date | $1,145 |
$1,279 |
(10.5%) | (14.3%) | (18.0%) |
(0.2%) |
|||||||||||||
| Number of stores |
April 4, 2009 |
April 5, 2008 |
|||||||||||||||||
| Full-line | 110 | 104 | |||||||||||||||||
| Rack and other |
63 |
54 |
|||||||||||||||||
| Total |
173 |
158 |
|||||||||||||||||
| Gross square footage | 22,158,000 | 21,017,000 | |||||||||||||||||
EXPANSION UPDATE
On April 2, 2009, Nordstrom opened a Nordstrom Rack store at The Commons at Southtowne in Sandy, Utah. On April 17, 2009, Nordstrom plans to open a full-line store at the Northshore Mall in Peabody, Massachusetts and a Nordstrom Rack store at Orland Park Place in Orland Park, Illinois.