Nordstrom August same-store sales up 6.3 percent
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Nordstrom Inc. reported August same-store sales at stores open a year or longer increased 6.3 percent over the same time last year. Analysts polled by Thomson Reuters First Call expected August same-store sales at the Seattle retailer (NYSE: JWN) to increase only 5.9 percent last month. Total retail sales increased to $615 million from $541 million in August 2009. Year-to-date same-store sales have increased 9.5 percent compared with the same time last year and year-to-date total retail sales have increased to $5.02 billion from $4.39 billion for the same time in 2009.