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Chewy’s Runaway IPO Blazes Path for J.Crew and Neiman Marcus

PetSmart Inc.’s massively successful stock offering of Chewy.com, and the windfall it created for creditors, is stoking speculation that other deeply indebted retailers will stage sales of their own fast-growing units. Neiman Marcus Group Ltd. and J. Crew Group Inc. have already said they’re exploring strategic options for their booming side businesses, MyTheresa and Madewell….

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