Nordstrom focused too much on cocktail dresses and ball gowns, driving holiday sales down 22%, analyst says - MarketWatch

Nordstrom Inc. JWN, -2.71% shares fell 3.8% in Thursday morning trading after the luxury department store retailer said holiday season sales sank 22% .
Nordstrom is largely an apparel retailer, a category that has taken a hit during COVID-1
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