Nordstrom Reports May Sales

June 4, 2010 at 10:05 am Leave a comment

Nordstrom, Inc. reported a 3.7 percent increase in same-store sales for the four-week period ended May 29, 2010 compared with the four-week period ended May 30, 2009. Preliminary total retail sales of $705 million for May 2010 increased 7.8 percent compared with total retail sales of $653 million for the same period in fiscal 2009. May 2010 multi-channel same-store sales were unfavorably impacted by an estimated 350 to 400 basis points due to the timing shift of Nordstrom’s Half-Yearly Sale for Women and Kids, which started on Wednesday, May 26th. In 2009, the event began on May 20th.

Year-to-date same-store sales increased 9.7 percent compared with the same period in fiscal 2009. Preliminary year-to-date total retail sales of $2.70 billion increased 14.2 percent compared with total retail sales of $2.36 billion for the same period in fiscal 2009.

Source Link : Fibashion.com

Advertisements

Entry filed under: Corporate. Tags: , , , , , .

Drapers Awards UGG(R) Australia Brand of the Year Cherokee Announces 1stQ Fiscal 2011 Financial Results

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Trackback this post  |  Subscribe to the comments via RSS Feed


Calendar

June 2010
M T W T F S S
    Jul »
 123456
78910111213
14151617181920
21222324252627
282930  

Most Recent Posts


%d bloggers like this: