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Nordstrom falls after cutting its full-year earnings forecast

  Bloomberg Nordstrom Inc, which investors saw as insulated by its affluent customer base, sank after trimming its full-year outlook as the retailer’s Rack business slows amid lower demand and inventory buildup. The department-store operator lowered its forecast for full-year sales to a range of 5% to 7%. That one-percentage-point cut comes just three months after Nordstrom had raised its ...

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British supermarkets phase out expiration dates on food items

  Bloomberg UK supermarkets are phasing out expiration dates on a range of perishable items in favour of good old-fashioned shoppers’ judgment. And while the chain retailers say the move will save customers money and cut waste, it marks a new turn in a grim consumer battle with rampant inflation. Asda, Co-Op, Morrisons, Waitrose, Tesco and Marks & Spencer Group ...

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Dublin Airport opens new runway

  Bloomberg Dublin Airport was expected to finally open its new runway in a move that is hoped will reduce delays following a summer of long queues and travel disruption across Europe. The first flight from the north runway was planned to take off on Wednesday between 11.30am and 12.30pm, with an introductory morning schedule starting from August 25. Airports ...

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