Nordstrom's results reflect cautious consumer spending, echoing department store sector blues

Nordstrom's results reflect cautious consumer spending, echoing department store sector blues

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Nordstrom on Thursday reported that its sales and profits fell in its fiscal second quarter, joining itsdepartment store peers coping with shoppers' cautious spending. But its results still topped Wall Street expectations. The Seattle-based upscale department store also reaffirmed its financial…

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