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Nordstrom

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Nordstrom Inc. (Seattle) has reported a 9.3 percent increase in preliminary sales for the five-week period ending July 2, 2005. Same-store sales increased 8.1 percent.

Preliminary quarter-to-date sales have also increases 9.3 percent and quarter-to-date same-store sales are up 7.8 percent.

The specialty retailer also announced a letter of intent to open a new two-level, 167,000-square-foot Nordstrom store at Aventura Mall in South Florida. The store will be attached to existing space that will be renovated to include eight to 10 additional retailers and a parking deck will also be created adjacent to the new Nordstrom. Nordstrom at Aventura Mall is scheduled to open in fall 2007. It will be the retailer’s third location in the Greater Miami/Fort Lauderdale area, and the eighth in Florida. The company will also be opening a store at the Gardens Mall in Palm Beach Gardens on March 10, 2006.

“We’re always interested in being where our customers want us to be,” said Erik Nordstrom, executive vp of full-line stores. “We opened at The Village of Merrick Park in Coral Gables in 2002 and then at Dadeland Mall just last fall, and have received a positive response from the community. Aventura Mall offers the perfect spot to expand our presence in South Florida serving local residents and out-of-town visitors who love to shop.”

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