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Trump takes a swipe at Nordstrom — is TJX next?


Nordstrom on Wednesday found itself the latest target of President Donald Trump's Twitter attacks.

The department store’s shares fell from session highs midmorning after Trump tweeted that his daughter, Ivanka, had been treated “so unfairly.” His comments were made in response to Nordstrom’s decision to stop carrying the Ivana Trump brand, which the retailer said was based on the brand’s performance.

Nordstrom shares recovered their losses and moved 4% higher in late trading.

In related news, The New York Times reported that employees at T.J. Maxx and Marshalls (both of which are owned by TJX Cos.) were instructed not to display Ivanka Trump merchandise separately and to throw away Ivanka Trump signs.

“The communication was intended to instruct stores to mix this line of merchandise into our racks, not to remove it from the sales floor,” TJX spokeswoman Doreen Thompson wrote in an email to the Times. “We offer a rapidly changing selection of merchandise for our customers, and brands are featured based on a number of factors.”

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