CIT: West Coast team featured in Fashion Manuscript.
FSG LAWYERS: Represented Loomworks Apparel (P.J. Salvage) on its acquisiton by Delta Galil.
Details on Industry Insight.
SEATTLE--(BUSINESS WIRE)-- Nordstrom, Inc. (NYSE:JWN - News) today reported a 7.6 percent increase in same-store sales for the four-week period ended April 30, 2011 compared with the four-week period ended May 1, 2010. Preliminary total retail sales of $726 million for April 2011 increased 14.2 percent compared with total retail sales of $636 million for the same period in fiscal 2010.
First quarter same-store sales increased 6.5 percent compared with the same period in fiscal 2010. Preliminary first quarter total retail sales of $2.23 billion increased 12.0 percent compared with total retail sales of $1.99 billion for the same period in fiscal 2010.
To hear Nordstrom’s pre-recorded April sales message, please dial 402-220-6036. This recording will be available for one week.
In April, Nordstrom opened a Nordstrom full-line store at Christiana Mall in Newark, Del. and a Nordstrom Rack store at Belmar in Lakewood, Colo. In addition, Nordstrom relocated its Nordstrom Rack store at Flatiron Marketplace in Broomfield, Colo. to the Twenty Ninth Street shopping center in Boulder, Colo.
In May, Nordstrom plans to open three Nordstrom Rack stores at Towne Place at Garden State Plaza in Cherry Hill, N.J.; Friendship Center in Washington, D.C.; and Annapolis Harbour Center in Annapolis, Md.
FUTURE REPORTING DATES
Nordstrom’s planned financial release calendar for the next three months currently includes:
First Quarter Earnings Release Thurs., May 12, 2011
May Sales Release Thurs., June 2, 2011
June Sales Release Thurs., July 7, 2011
July Sales Release
Thurs., August 4, 2011
Nordstrom, Inc. is one of the nation's leading fashion specialty retailers, with 211 stores located in 29 states. Founded in 1901 as a shoe store in Seattle, today Nordstrom operates 116 Nordstrom full-line stores, 92 Nordstrom Rack stores, two Jeffrey boutiques and one clearance store. Nordstrom serves customers through its online presence at Nordstrom.com and through its catalogs. Nordstrom also operates in the online private sale marketplace through its subsidiary HauteLook. Nordstrom, Inc.’s common stock is publicly traded on the NYSE under the symbol JWN.