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A Challenge for Fall? Nordstrom’s Free Shipping for Online Orders

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Seattle—Well into the back to school season and mindful of approaching holiday season, retailers are already vying for consumers’ attention—and dollars. Nordstrom’s announcement this week that it will offer free shipping in the United States on all orders may be the first gauntlet thrown down in the battle for …

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Nordstrom, Saks Q3 Profits Rise, Predict Better Q4 Sales

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Women are returning to buying full-price fashion classifications, especially dresses, footwear and fashion jewelry, according to quarterly sales reports from two leading better specialty retailers, Nordstrom and Saks Inc. Both reported profit increases in their third quarters and both expect their fourth quarter sales to rise in the mid-single digits. …

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Report: Retail Real Estate Will Stabilize Despite Hitting New Low

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Boston—Colliers International, a leading global real estate services firm, released its annual report on retail real estate trends showing new retail construction will hit a 25 year low in 2010. However, according to Colliers’ 2010 Retail Trends & Opportunities report, retail vacancies will stabilize in many markets. “We aren’t out …