• Most Popular
  • Most Shared

Nordstrom December same-store sales fall 4 percent

NEW YORK
Thu Jan 10, 2008 7:58am EST

Stocks

   

NEW YORK (Reuters) - Upscale department store chain Nordstrom Inc (JWN.N) said on Thursday that December sales at stores open at least a year fell 4 percent.

Stocks

Analysts, on average, were expecting same-store sales to fall 4.1 percent, according to Reuters Estimates.

The Seattle-based retailer said preliminary data indicated total sales for the five weeks ended January 5 fell 3.8 percent to $1.2 billion.

(Reporting by Aarthi Sivaraman; editing by John Wallace)
Stocks


More from Reuters

Photo

Sturdy U.S. home sales bolster economic growth prospects

WASHINGTON (Reuters) - Sales of previously owned U.S. homes jumped last month to their highest level in nearly three years, the latest sign that the economic recovery was gaining steam, after growing below expectations in the third quarter.

» More Top News
Guadalupe Hernandez receives an ultrasound by nurse practitioner Gail Brown during a prenatal exam at the Maternity Outreach Mobile in Phoenix, Arizona October 8, 2009. Credit: REUTERS/Joshua Lott

Health reform inches closer

Democrats are on the verge of passing landmark legislation by Christmas, with only one more hurdle remaining.  Full Article | Video 

Healthcare Reform
Two men is reflected on a glass wall of Exhibitions Central in Dubai December 21, 2009, where Dubai World's western bank creditors are meeting. REUTERS/Ahmed Jadallah
Analysis:

Dubai, it's time to get creative

Scrambling to rebuild its image after a $26 billion debt bombshell, Dubai needs to raise cash without the PR nightmare of raising taxes.  Full Article 

Global Markets