top shadow
BODY

current news

Nordstrom 4q Sales +10.3%


(Filed Under Financial and General Interest News). Sales were looking up at Nordstrom, Inc. during the fourth quarter. During the period ended January 30th, 2010, the company posted a 6.9 percent increase in same-store sales compared to the same period of fiscal 2008. Net sales increased 10.3 percent, to $2.54 billion from $2.30 billion.

Full-line same store sales increased 3.9 percent, while Nordstrom Direct sales grew 31.1 percent. The midwest, south and northwest were the best-performing regions for the full-line division.

Nordstrom Rack, the company’s off-price chain, experienced its fourth consecutive quarter of positive performance with same-store sales up 4.6 percent.

According to Nordstrom, Inc, the fourth quarter’s success was due to the breadth and quality of its merchandise offering, combined with a steady flow of fashion into stores, leading to a same-store increase during each month of the quarter.

At the end of the fourth quarter, Nordstrom, Inc. ran 184 stores in 28 states, comprised of 112 full-line stores, 69 Nordstrom Racks, two Jeffrey boutiques and one clearance store. For further information, contact Ron Campbell in the investor relations department of the company by calling (206) 303-3290.


more Financial and General Interest News >>

Published 02-22-2010 by Amanda Torres Price



Comment on this article, brand or product

Disclaimer: The views expressed in comments published on bodymagazine.us are those of the comment writers alone. They do not represent the views or opinions of Bodymagazine or its staff.















NOTE: Your Email will not be displayed.

Related pictures

Follow BODY on:
twitter FaceBook RSS
Share this article on:
Digg Reddit Stumble

Contact Information: (718)676-4444
Copyright © 2023 Fashion Market Magazine Group, Inc. All rights reserved.
All photos Copyright © 2000-2024 Nick Monjo & Fashion Market Magazine Group. All rights reserved.
Please email any website related issues to bodymagazinefmmg@gmail.com
bottom shadow