Nordstrom's retail sales up 14.7% in March 2012

6 minutes ago, 5:19am (ET) 04/06/2012 M2 Fashion retailer Nordstrom Inc (NYSE:JWN) on Thursday reported preliminary total retail sales of USD1.03bn for the five-week period ended 31 March 2012. This was a 14.7% increase as compared with total retail sales of USD897m in March of fiscal 2011. For the quarter-to-date period preliminary total retail sales were USD1.73bn, up 15.3% as compared with total retail sales of USD1.50bn in the corresponding quarter-to-date period of the prior year. On a same-store basis sales were up by 8.6% and 9.2% for the month and quarter to-date period, respectively. Comments on this story