Retail

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.

Nordstrom slumps, targets slashed after weak holiday sales

Shoppers enter Nordstrom’s flagship store in downtown Seattle. Nordstrom Inc. reported a  (AP Photo/Ted S. Warren, File)

The Seattle-based chain gave an update to its holiday sales that were seen as disappointing, prompting a number of analysts to lower their price targets.

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Shopko files for bankruptcy protection

ASHWAUBENON, Wis. (AP) — Wisconsin-based retail chain Shopko Stores has filed for bankruptcy protection as it makes plans to close more stores. The company says...