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Nordstrom: No good deeds go unpunished

Nordstrom--not only one of my favorite places to shop but also a brand I regularly feature in my keynotes on remarkable retail--recently reported strong quarterly operating performance and raised its outlook. So, naturally the stock promptly got whacked--and continues to be caught up in the market downdraft. To be sure, a non-recurring $72MM charge related to credit card… Continue reading Nordstrom: No good deeds go unpunished