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Nordstrom says ‘Local’ stores are its future

May 22, 2019

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On a conference call with analysts Tuesday evening, Nordstrom executives said that the troubles surfacing in the first quarter are correctable.

“[W]e had some executional misses with the customer experience that had an impact on sales across Full-Price and Off-Price both in stores and online,” co-President Erik Nordstrom said, according to a Seeking Alpha transcript. “We know we disappoint our customers and we own it.”

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