|JANUARY SALES RESULTS|
|(unaudited; $ in millions)|
|Total Retail Sales||Same-store Sales|
|Fiscal 2011||Fiscal 2010||Percent Increase||Total||Nordstrom||Nordstrom Rack|
|Number of stores||Jan-12||Jan-11|
|Nordstrom Rack and other||108||89|
|Gross square footage||24,745,000||23,838,000|
Nordstrom, Inc. (NYSE:JWN) today reported a 5.0 percent increase in same-store sales for the four-week period ended January 28, 2012 compared with the four-week period ended January 29, 2011. Preliminary total retail sales of $688 million for January 2012 increased 13.2 percent compared with total retail sales of $607 million for the same period in fiscal 2010. Fourth quarter same-store sales increased 7.1 percent compared with the same period in fiscal 2010. Preliminary fourth quarter total retail sales of $3.17 billion increased 12.5 percent compared with total retail sales of $2.82 billion for the same period in fiscal 2010. Fiscal year 2011 same-store sales increased 7.2 percent compared with fiscal year 2010. Preliminary fiscal year 2011 total retail sales of $10.50 billion increased 12.7 percent compared with total retail sales of $9.31 billion for fiscal year 2010. SALES RECORDING To hear Nordstrom’s pre-recorded January sales message, please dial (402) 220-6036 beginning today at 8:40 a.m. EST. This recording will be available for one week.
SAME-STORE SALES Same-store sales include sales from stores that have been open at least one full year as of the beginning of the fiscal year. Nordstrom, formerly referred to as “Multi-Channel,” includes sales from both full-line stores and Direct because of the substantial integration of these two channels. Total same-store sales include accounting adjustments that are not allocated to Nordstrom and Nordstrom Rack. Same-store sales exclude sales made through HauteLook, Nordstrom’s online private sale subsidiary, which was acquired in the first quarter of 2011.