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Archive Home > 2008 > February > 26 > Nordstrom reports 8% drop in profit

Nordstrom reports 8% drop in profit


February 26, 2008

SEATTLE — Nordstrom Inc. said Monday its profit fell more than 8 percent in the fourth quarter as even its high-income core customers pared back on holiday shopping. The Seattle-based luxury retailer beat Wall Street estimates but warned that it expects 2008 to be another challenging....

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