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Nordstrom’s Inventory Crunch Worries Investors

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Nordstrom Inc. reported third-quarter earnings results that left investors worrying about the state of its off-price Rack business. In a Nutshell: Like many of its competitors, Nordstrom had an easy beat to year-ago sales figures because of the pandemic impact. It wasn’t so lucky when third quarter sales were compared on a two-year basis to…

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