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Here’s How Nordstrom’s Q4 Played Out—And What Lies Ahead

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Nordstrom Inc. dropped its dual-president structure Tuesday, making Erik Nordstrom the sole CEO while Pete Nordstrom gains the title of president and chief brand officer of the department store company. The C-suite changes came as the upscale retailer reported both fourth-quarter and full-year revenue and earnings below Wall Street estimates. “These titles help clarify our…

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