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Nordstrom Said to be Pondering Options for Rack Business

As we settle into the new year, our Sourcing Summit Companion Report looks ahead at ways to optimize processes and performance.

Shares of Nordstrom Inc. pared back some losses Monday following a report that the retailer was in talks with a consultant about strategic options for its off-price Nordstrom Rack business. Nordstrom operates its full-line Nordstrom stores as well as the off-price Rack operation. There was a time when the off-price business was doing better than…

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