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What Nordstrom’s ‘Poison Pill’ Says About the State of US Department Stores

The Seattle-based retailer made headlines this week with a shareholder plan that would fend off hostile takeovers. But unwanted suitors may be the least of its problems.
A general view of the Nordstrom department store at the Westfield Century City shopping mall in California.
A general view of the Nordstrom department store at the Westfield Century City shopping mall in California. (Getty Images)

It’s open season on America’s struggling department stores.

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