Follow stories on Costco and big-box stores; Amazon and bookstores; Starbucks and food and beverage retailers; Nordstrom and department stores; REI, Nike, Blue Nile and Coinstar. Also covered are grocery stores (PCC, Safeway, QFC, Fred Meyer, Kroger, Haggen); consumer spending, restaurants, fast food, clothing, e-commerce, auto sales, hotels, airlines, sales tax, credit cards and Black Friday.

Costly new Manhattan emporium is not just a wild gamble, Nordstrom tells investors

Nordstrom brothers Erik, left, and Peter listen during the press tour of Nordstrom’s new flagship store in New York City on Oct. 21, 2019.

Amid a general slump in big-box retail, felt even by venerable New York department stores like Barneys and Lord & Taylor, pouring money into a physical location is risky, some analysts say.

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