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Tag: Distressed

Nordstrom warns financial situation could grow distressed

A “Temporarily Closed” sign hangs in the window of Nordstrom Inc. store in the Midtown neighborhood of New York, U.S., on Friday, March 20, 2020. Gabby Jones | Bloomberg | Getty Images Nordstrom┬ásaid its financial situation could become distressed if its stores stay dark for much longer because of COVID-19. The retailer’s assessment of this …

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