<page> Exhibit 99.1 For Immediate Release - --------------------- January 5, 2005 NORDSTROM DECEMBER SAME-STORE SALES INCREASE 9.3 PERCENT -------------------------------------------------------- SEATTLE - January 5, 2005 - Nordstrom, Inc. (NYSE: JWN) today reported preliminary sales of $1,046.0 million for the five-week period ending January 1, 2005, an increase of 11.7 percent compared to sales of $936.2 million for the five-week period ending January 3, 2004. Same-store sales increased 9.3 percent. Preliminary quarter-to-date sales of $1.7 billion increased 9.5 percent compared to 2003 quarter-to-date sales of $1.6 billion. Quarter-to-date same store-sales increased 6.8 percent. Preliminary year-to-date sales of $6.7 billion increased 11.0 percent compared to sales of $6.1 billion in 2003. Year-to-date same-store sales increased 8.5 percent. SALES RECORDING To hear Nordstrom's prerecorded December sales message, please dial (402) 220-6036. This recording will be available for one week. <table> <caption> SALES SUMMARY (unaudited; December December QTD QTD YTD YTD $ in millions) 2004 2003 2004 2003 2004 2003 --------- --------- ---- ---- ---- ---- <s> <c> <c> <c> <c> <c> <c> Total sales $1,046.0 $936.2 $1,713.7 $1,564.6 $6,744.7 $6,075.9 Total sales percentage change 11.7% 12.3% 9.5% 11.4% 11.0% 8.1% Same-store sales percentage change 9.3% 9.0% 6.8% 8.3% 8.5% 3.9% Number of stores Full-line 94 92 Rack and other 56 56 International Faconnable boutiques 31 31 --- --- Total 181 179 Gross square footage 19,439,000 19,138,000 </table> GAAP SALES PERFORMANCE The additional information provided in this section is to comply with the Securities and Exchange Commission's Regulation G. The Company converted to a 4-5-4 Retail Calendar at the beginning of 2003. Year-to-date results for 2003 include one more day than the year-to-date for 2004. The Company believes that adjusting for this difference provides a more comparable basis from which to evaluate sales performance. The following reconciliation bridges the year- to-date 2003 GAAP sales to the 4-5-4 comparable sales. <table> <caption> Dollar % Change % Change Sales Reconciliation ($M) YTD 2003 YTD 2004 Increase Total Sales Comp Sales -------- -------- -------- ----------- ---------- <s> <c> <c> <c> <c> <c> Number of Days GAAP 337 336 GAAP Sales $6,094.1 $6,744.7 $650.6 10.7% 8.2% Less Feb. 1, 2003 sales ($18.2) -- -------- -------- Reported 4-5-4 sales $6,075.9 $6,744.7 $668.8 11.0% 8.5% ========= ========= 4-5-4 Adjusted Days 336 336 </table> <page> FUTURE REPORTING DATES Nordstrom's financial release calendar for the next several months is currently planned as follows: January Sales Release Thurs., Feb. 3, 2005 Fourth Quarter Earnings Tues., Feb. 15, 2005 February Sales Release Thurs., Mar. 3, 2005 March Sales Release Thurs., April 7, 2005 Nordstrom, Inc. is one of the nation's leading fashion specialty retailers, with 150 US stores located in 27 states. Founded in 1901 as a shoe store in Seattle, today Nordstrom operates 94 full-line stores, 49 Nordstrom Racks, five Faconnable boutiques, one free-standing shoe store, and one clearance store. Nordstrom also operates 31 international Faconnable boutiques, primarily in Europe. Additionally, Nordstrom serves customers through its online presence at http://www.nordstrom.com and through its direct mail catalogs. Investor Contact: Stephanie Allen, 206-303-3262 Media Contact: Deniz Anders, 206-373-3038