Retail News

Nordstrom’s shares hit by drop in same-store sales

Bloomberg 11/09/2017

Nordstrom posted a two percent gain in net sales for the third quarter, but a 0.9 percent decline in same-store sales led to a drop in the retailer’s share price in after-hours trading. Nordstrom Rack, the company’s off-price division, posted a gain of 0.8 percent in same-store sales.

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