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Nordstrom announces more staff reductions

Seattle – Locally based Nordstrom Inc. recently announced that it laid off 900 more employees than was originally reported earlier in the month.

Two weeks ago, the luxury department store chain stated that it had cut 1,600 jobs because of the poor economy and low sales. Nordstrom later said the job cuts actually totaled 2,500 people.

Nordstrom’s revenues for the month of September fell 6% to $398.5 million. Same-store sales dropped 9.4% for the month.

TAGS: Retail
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