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Nordstrom's new 'no-stock' store delivers stock plunge instead
Published Tue, Sep 12, 2017 · 09:50 PM
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New York
NORDSTROM Inc's plan to open a smaller store concept with no inventory isn't sitting well with investors.
The shares suffered their worst decline in more than a month on Monday after the department store chain announced the new "neighborhood-hub" shop, which will open on Oct 3 in West Hollywood, California.
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