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Tag: Nordstrom

Aug.
30th

Two Puget Sound-based retailers report August sales boosts

August was a good month for two of Puget Sound’s biggest retailers.

Nordstrom’s report of a 21 percent increase in same-store sales during August blew past analyst’s predictions of an 11 percent increase.

The high-end fashion retailer attributed at least part of the increase to the timing of its anniversary sale. Eight days of that sale fell during August this year compared with just one day in 2011.

Meanwhile, at Issaquah-based Costco, same store sales were up 7 percent. Part of the increase was due to higher gas prices, which were countered by lower exchange rates.

Costco stock closed up

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