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

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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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