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MattP

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  • Posted on: 12/23/2021

    Should Nordstrom spin off Nordstrom Rack?

    Definitely think they should spin off the rack business. It was a perfect concept when they first used it to sell actual excess inventory from the full-line stores, but now it’s just a discount chain, offering lower prices and lower quality products. It should become its own off-price business now. Nordstrom can still use their leverage and relationships to continue to build The Rack business.
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