Word: nortstrom
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...last of the really large sectors that has helped the market move is, improbably, the retail sector. Shares in companies including Sears (SHLD), Nortstrom (JWN), and Target (TGT) have done remarkably well. The only explanation is that the funeral preparations for these companies were so far along at the beginning of the year that Wall St. is shocked that they are still around. If consumer spending bounces even an inch off the ground, the largest retailers may live to see the 2009 holiday season. (See pictures of TIME's Wall Street covers...
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