Another U.S. retailer shutting down stores
Nordstrom, an American luxury department store chain, announced that the company is permanently closing 16 of its department stores due to the coronavirus pandemic. The permanent closures, which are set to take place this year, impact Nordstrom stores across California and in Florida, New Jersey, and Texas, among other states. “More than ever, we need to work with flexibility and speed,” CEO Erik Nordstrom said in a statement
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China tries to find a new economic partner in South Korea
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