Nordstrom (JWN) Reports June Same-Store-Sales Down 10%

Nordstrom, Inc. (NYSE: JWN) reported preliminary retail sales of $686 million for the five-week period ended July 4, 2009, a decrease of 6.2 percent compared with retail sales of $731 million for the five-week period ended July 5, 2008. Same-store sales for June decreased 10% compared with the same period in fiscal 2008.

Preliminary quarter-to-date retail sales of $1.34 billion decreased 7.4% compared with retail sales of $1.45 billion during the same period in fiscal 2008.

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Nordstrom's annual 17-day Anniversary Sale starts on Friday, July 17th, consistent with the beginning of the event last year on Friday, July 18, 2008. Historically, July has been the second-largest sales month of the year.

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