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Seattle-based Nordstrom revises outlook

11 Oct '07
3 min read

"We remain committed to our long-term strategy and feel we are in a strong competitive and financial position," continued Nordstrom. "We believe that we can continue to gain market share by offering the best fashion available, increasing our presence where our customers shop and improving the shopping experience our customers have with us."

Regardless of whether our customers choose to shop with us online or in stores, we are working to make their experience with Nordstrom a more convenient and seamless one. Our current schedule of new store openings presents opportunities to reach many new customers in great retail destinations and desirable markets, some of which are brand new for our company.”

“The initial results from our newest full-line stores in Natick, Mass., and Novi, Mich., and our new Nordstrom Rack in Tukwila, Wash., which all opened in September, are particularly encouraging. While it's early, these stores have generated a great response from customers and experienced strong results, beating our preliminary expectations."

Nordstrom Inc

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