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Business News: Nordstrom shares tumble more than 20% as earnings fall short, hurt by higher labor costs, weak Nordstrom Rack sales

Nordstrom shares tumble more than 20% as earnings fall short, hurt by higher labor costs, weak Nordstrom Rack sales : Rashtra News A shopper leaves a Nordstrom store on May 26, 2021 in Chicago, Illinois.Scott Olson | Getty ImagesNordstrom on Tuesday reported earnings that fell short of analysts' expectations as labor costs ate into profits

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Nordstrom debuts online marketplace

Nordstrom debuts online marketplace
retaildive.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from retaildive.com Daily Mail and Mail on Sunday newspapers.

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Nordstrom to Roll Out Digital Marketplace

Nordstrom will roll out a new digital marketplace on its website, Nordstrom.com, along with an enhanced search feature.

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Nordstrom Brothers Seek To Take Their Company Private

After a try in 2017, the two Nordstrom brothers are trying again to take their company private and out of the limelight.

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Nordstrom to evaluate founding family's interest in take-private deal, ET Retail

The move by CEO Erik Nordstrom and President Pete Nordstrom comes at a time when department store chains across the U.S. are grappling with weak sales as sticky inflation and elevated borrowing costs prompt customers to rethink their discretionary spending.

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Nordstrom to evaluate founding family's interest in take-private deal | WKZO | Everything Kalamazoo

(Reuters) -Nordstrom said the founding family behind the department store chain had shown an interest in exploring a go-private deal, and the company's board had formed a special committee of independent directors to look into it. The move by CEO Erik ...

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Nordstrom family eyes go-private deal

Nordstrom Inc.’s founding family has notified the board of its interest in taking the company private. The department-store chain formed a special committee…

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Nordstrom CEO, President Aim to Take Company Private

Nordstrom’s CEO Erik Nordstrom and President Pete Nordstrom have told the retailer’s board that they’re interested in taking the company private. As a result,…

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