<page> Exhibit 99.1
For Immediate Release
September 6, 2007
NORDSTROM SAME-STORE SALES FOR AUGUST INCREASE 6.6 PERCENT
SEATTLE - September 6, 2007 - Nordstrom, Inc. (NYSE: JWN) today reported
preliminary sales of $582.3 million for the four-week period ending September
1, 2007, an increase of 12.6 percent compared to sales of $517.1 million for
the four-week period ending August 26, 2006. Same-store sales increased 6.6
percent.
Preliminary year-to-date sales of $4.93 billion increased 7.7 percent
compared to sales of $4.57 billion during the same period in 2006. Year-to-
date same-store sales increased 7.4 percent.
The 53rd week in fiscal 2006 created a timing shift in the 4-5-4 calendar
for fiscal 2007. The month of August in fiscal 2007 began and ended one week
later than in fiscal 2006. This timing shift positively impacted sales
results for the month of August.
sales recording
To hear Nordstrom's prerecorded August sales message, please dial (402)
220-6036. This recording will be available for one week.
<table>
<caption>
SALES SUMMARY Total Sales (1)(2) Same-store Sales (1) (2)
(unaudited; $ in millions) ----------- ----------------
Fiscal Fiscal Percent Total Full-line Rack
2007 2006 Increase Retail Stores Stores
------ ------ -------- ------ --------- ------
<s> <c> <c> <c> <c> <c> <c>
August $582.3 $517.1 12.6% 6.6% 4.5% 10.1%
Year-to-date $4,925.6 $4,574.8 7.7% 7.4% 6.1% 10.8%
Number of stores (3)
Full-line 98 99
Rack and other 59 57
International
Faconnable boutiques 0 34
---- ----
Total 157 190
Gross square
footage 20,091,000 20,217,000
</table>
(1)Same-store sales results exclude the impact of the January 2007 closure of
the Crossroads Plaza Mall full-line store in Salt Lake City, Utah, in
preparation for its planned relocation in 2011. Total sales results include
the impact of this store closure.
(2)Total sales results include the impact of the sales return reserve and
sales from our International Faconnable boutiques through August 31, 2007.
The sales return reserve exiting July was higher than last year, and
positively impacted August total sales as a result. Same-store sales results
exclude the reserve in calculations.
(3)The number of International Faconnable boutiques reflects the sale of our
Faconnable subsidiary.
On August 31, 2007, we completed the previously announced sale of our
international and wholesale Faconnable businesses. The sale of our four U.S.
Faconnable boutiques is expected to close within our third quarter.
EXPANSION UPDATE
On September 7, 2007, the company plans to open a full-line store at the
Natick Collection in Natick, Mass.
<page>
2007 THIRD QUARTER OUTLOOK
The timing shift from the fiscal 2006 53rd week is expected to have a
positive impact on third quarter 2007 sales results.
When compared to the planned same-store sales rate of four to five
percent for the 2007 third quarter, the monthly same-store sales rate in
September is expected be above the anticipated quarterly rate. In October,
the planned same-store sales rate is expected to be below the anticipated
quarterly rate.
FUTURE REPORTING DATES
Nordstrom's financial release calendar for the next three months is currently
planned as follows:
September Sales Release Thurs., October 11, 2007
October Sales Release Thurs., November 8, 2007
Third Quarter Earnings Mon., November 19, 2007
November Sales Release Thurs., December 6, 2007
Nordstrom, Inc. is one of the nation's leading fashion specialty
retailers, with 157 US stores located in 27 states. Founded in 1901 as a
shoe store in Seattle, today Nordstrom operates 98 full-line stores, 50
Nordstrom Racks, four Faconnable boutiques in the United States, two Jeffrey
boutiques, one free-standing shoe store, and two clearance stores. In
addition, Nordstrom serves customers through its online presence at
http://www.nordstrom.com and through its catalogs. Nordstrom, Inc. is
publicly traded on the NYSE under the symbol JWN.
Investor Contact: Media Contact:
RJ Jones, 206-303-3007 Michael Boyd, 206-373-3038
Certain statements in this news release contain "forward-looking" information
(as defined in the Private Securities Litigation Reform Act of 1995) that
involves risks and uncertainties, including anticipated results for the
company's fiscal year ending February 2, 2008, anticipated sales results and
same-store sales rates for the 2007 third and fourth quarters, the
anticipated impact on same-store sales rates for those periods due to the
fiscal 2006 53rd week timing shift, the anticipated closing of the sale of
our four U.S. Faconnable boutiques and trends in company operations. Actual
future results and trends may differ materially from historical results or
current expectations depending upon factors including, but not limited to,
our ability to respond to the business environment and fashion trends,
effective inventory management, the impact of economic and competitive market
forces, successful execution of our store growth strategy including the
timely completion of construction associated with newly planned stores, our
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 our multi-channel strategy, our ability
to safeguard our brand and reputation, efficient and proper allocation of
our capital resources, successful execution of our technology strategy, the
impact of terrorist activity or war on our customers and the retail industry,
trends in personal bankruptcies and bad debt write-offs, changes in interest
rates, our ability to control costs, our ability to maintain our
relationships with our employees, weather conditions, and hazards of nature.
Our SEC reports, including our Form 10-K for the fiscal year ended February
3, 2007, contain other information on these and other factors that could
affect our financial results and cause actual results to differ materially
from any forward-looking information we may provide. The company undertakes
no obligation to update or revise any forward-looking statements to reflect
subsequent events, new information or future circumstances.