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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT PURSUANT
TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED) July 9, 2009
NORDSTROM, INC.
(EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)
         
WASHINGTON   001-15059   91-0515058
         
(STATE OR OTHER JURISDICTION   (COMMISSION FILE   (I.R.S. EMPLOYER
OF INCORPORATION)   NUMBER)   IDENTIFICATION NO.)
     
1617 SIXTH AVENUE, SEATTLE, WASHINGTON
(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES)
  98101
(ZIP CODE)
REGISTRANT’S TELEPHONE NUMBER, INCLUDING AREA CODE       (206) 628-2111
INAPPLICABLE
(FORMER NAME OR FORMER ADDRESS IF CHANGED SINCE LAST REPORT)
     Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2 below):
o   Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
o   Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
o   Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
o   Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 

 


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ITEM 7.01 REGULATION FD DISCLOSURE
SIGNATURE
EXHIBIT INDEX
EX-99.1


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ITEM 7.01   REGULATION FD DISCLOSURE
On July 9, 2009, Nordstrom, Inc. issued a press release announcing its preliminary June 2009 sales. A copy of this press release is attached as Exhibit 99.1.

 


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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
         
  NORDSTROM, INC.
 
 
  By:   /s/ Robert B. Sari    
    Robert B. Sari   
    Executive Vice President,
General Counsel and Corporate
Secretary 
 
 
Dated: July 9, 2009

 


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EXHIBIT INDEX
     
EXHIBIT    
NUMBER   DESCRIPTION
 
   
99.1
  Nordstrom June 2009 Preliminary Sales Release, dated July 9, 2009.

 

exv99w1
Exhibit 99.1
(NORDSTROM LOGO)
         
FOR IMMEDIATE RELEASE
  INVESTOR CONTACT:   Rob Campbell
July 9, 2009
      Nordstrom, Inc.
 
      (206) 303-3290
 
       
 
  MEDIA CONTACT:   Brooke White
 
      Nordstrom, Inc.
 
      (206) 373-3030
NORDSTROM REPORTS JUNE SALES
     SEATTLE, Wash. (July 9, 2009) — Nordstrom, Inc. (NYSE: JWN) today 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 10.0 percent compared with the same period in fiscal 2008.
     Preliminary quarter-to-date retail sales of $1.34 billion decreased 7.4 percent compared with retail sales of $1.45 billion during the same period in fiscal 2008. Quarter-to-date same-store sales decreased 11.6 percent compared with the same period in fiscal 2008.
     Preliminary year-to-date retail sales of $3.05 billion decreased 8.4 percent compared with retail sales of $3.33 billion for the same period in fiscal 2008. Year-to-date same-store sales decreased 12.5 percent compared with the same period in fiscal 2008.
     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.
Sales Recording
     To hear Nordstrom’s pre-recorded June sales message, please dial 402-220-6036. This recording will be available for one week.
June Sales Results
(unaudited; $ in millions)
                                                 
    Total Retail Sales   Same-store Sales
                    Percent                
    Fiscal   Fiscal   Increase/           Full-line   Rack
    2009   2008   (Decrease)   Total   Stores   Stores
         
June
  $  686     $  731       (6.2 %)     (10.0 %)     (13.6 %)     0.6 %
 
                                               
Quarter-to-date
  $  1,339     $  1,447       (7.4 %)     (11.6 %)     (15.2 %)     1.4 %
 
                                               
Year-to-date
  $  3,045     $  3,326       (8.4 %)     (12.5 %)     (16.0 %)     1.4 %
 
                                               
Number of stores
  July 4, 2009   July 5, 2008                                
Full-line
    111       105                                  
Rack and other
    64       54                                  
 
                                               
Total
    175       159                                  
 
                                               
Gross square footage
    22,351,000       21,139,000                                  

 


 

Future Reporting Dates
     Nordstrom’s financial release calendar for the next three months is currently planned as follows:
         
 
  July Sales Release   Thurs., August 6, 2009
 
  Second Quarter Earnings Release   Thurs., August 13, 2009
 
  August Sales Release   Thurs., September 3, 2009
 
  September Sales Release   Thurs., October 8, 2009
About Nordstrom
Nordstrom, Inc. is one of the nation’s leading fashion specialty retailers, with 175 stores located in 28 states. Founded in 1901 as a shoe store in Seattle, today Nordstrom operates 111 full-line stores, 61 Nordstrom Racks, two Jeffrey boutiques, and one clearance store. In addition, Nordstrom serves customers through its online presence at http://www.nordstrom.com and through its catalogs. Nordstrom, Inc’s common stock is publicly traded on the NYSE under the symbol JWN.
     Certain statements in this news release contain or may suggest “forward-looking” information (as defined in the Private Securities Litigation Reform Act of 1995), including trends in company operations. Such statements are based upon the current beliefs and expectations of the company’s management and are subject to significant risks and uncertainties. Actual future results and trends may differ materially from historical results or current expectations depending upon factors including, but not limited to the impact of deteriorating economic and market conditions and the resultant impact on consumer spending patterns, the company’s ability to respond to the business environment and fashion trends, the company’s ability to safeguard its brand and reputation, effective inventory management, efficient and proper allocation of the company’s capital resources, successful execution of the company’s store growth strategy including the timely completion of construction associated with newly planned stores, relocations and remodels, all of which may be impacted by the financial health of third parties, the company’s compliance with applicable banking and related laws and regulations impacting the company’s ability to extend credit to its customers, trends in personal bankruptcies and bad debt write-offs, availability and cost of credit, changes in interest rates, disruptions in the company’s supply chain, the company’s ability to maintain its relationship with vendors and developers who may be experiencing economic difficulties, the geographic locations of the company’s stores, the company’s ability to maintain its relationships with its employees and to effectively train and develop its future leaders, the company’s compliance with information security and privacy laws and regulations, employment laws and regulations and other laws and regulations applicable to the company, successful execution of the company’s information technology strategy, successful execution of the company’s multi-channel strategy, risks related to fluctuations in world currencies, weather conditions and hazards of nature that affect consumer traffic and consumers’ purchasing patterns, the effectiveness of planned advertising, marketing, and promotional campaigns, the company’s ability to control costs, and the timing and amounts of share repurchases by the company. For additional information regarding these and other risk factors, please refer to the company’s SEC reports, including its Form 10-K for the fiscal year ended January 31, 2009. The company undertakes no obligation to update or revise any forward-looking statements to reflect subsequent events, new information or future circumstances.
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