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Nordstrom Falls as Pessimism Returns to the Scene for Retailers

Nordstrom Inc.’s high didn’t last long. The company’s shares fell in late trading on Thursday after third-quarter same-store sales, a closely-watched metric for retailers, missed analysts’ estimates, curbing optimism stemming from this year’s turnaround. Comparable sales rose 2.3 percent, just shy of analysts’ expectations. At the company’s full-price stores, however, the gap was wider: There,…

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