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Nordstrom revenue reaches pre-pandemic peak following privatization

Seattle-based department store Nordstrom has seen its revenue return to levels last recorded before the global pandemic, occurring less than one year after the company transitioned to private ownership in a 6.25 billion dollars transaction, according to Bloomberg. The retailer reported that sales rose to approximately 15.80 billion dollars last...

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Retail

Major retailers plan US store growth for 2026: A comprehensive overview

Despite widespread store closures anticipated at the start of 2026, it isn’t all doom and gloom for the US retail industry. In fact, many players still see significant market opportunities, driven by brand acquisitions, robust consumer demand, and a push to capture greater market share. As a result, some are planning ambitious, in some cases...

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