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Nordstrom Overcharges Credit Card Customers, Hurts 3Q Results

November 16, 2018
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Nordstrom Overcharges Credit Card Customers, Hurts 3Q Results

November 16, 2018
Nordstrom’s stock was under pressure Thursday (November 15) after the department store operator posted third-quarter results that missed its projections and disclosed it overcharged some of its credit card customers. According to a report in CNBC, for its third quarter, Nordstrom wrote down $72 million in credit card refunds that went to customers who were charged […]