Nordstrom Sales Dip 0.2 Percent for December

Share this article:
Nordstrom Inc. reported preliminary sales of $735.7 million during December, a decrease of 0.2 percent compared with sales of $737.4 million posted in December 2000.


Same-store sales for the Seattle-based retailer fell 2.3 percent.


Same-store sales among full-line stores increased 4.3 percent during the first six days of the Men's Half-Yearly event (Dec. 26-31) compared with the same event in 2000.


Preliminary year-to-date sales of $5.3 billion are up 2 percent from 2000 year-to-date sales of $5.2 billion. Year-to-date same-store sales fell 2.9 percent.


After adjusting for the effect of differences in the specific days of the week that comprised December 2001 compared with December 2000, total sales for December 2001 rose about 0.1 percent while same-store sales fell about 2.1 percent.


Adjusted same-store sales in full-line stores declined in all geographic regions but increased in the women's shoes, junior women's, cosmetics and kids wear merchandise categories.


Share this article:
close

Next Article in Multichannel Marketing

Sign up to our newsletters

Follow us on Twitter @dmnews

Latest Jobs:

More in Multichannel Marketing

Generating Loyalty for Brands and Retailers in an Omnichannel World

Generating Loyalty for Brands and Retailers in an ...

Harnessing personas, loyalty programs, and new technologies can help marketers better connect with customers.

News Byte: Salesforce Forms Unit to Focus on Verticals

News Byte: Salesforce Forms Unit to Focus on ...

The industries business unit, led by ex-White House CIO Vivek Kundra, will serve six industry groupings.

Columbia U. Puts the "Do" in "Donation"

Columbia U. Puts the "Do" in "Donation"

Columbia University raises nearly $7 million in donations in just 24 hours with a combination of social media, live events, and gamification.