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Nordstrom Surges as Rack Discounter, Full-Priced Stores Thrive

Nordstrom Inc. sidestepped this week’s department-store carnage, with the retailer making strides in attracting shoppers for both full-priced and discounted merchandise. The Seattle-based chain reported same-store sales that rose 4 percent in the latest quarter, exceeding analyst expectations and sending shares up as much as 15 percent in late trading. Consumers were drawn to both…

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