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Starbucks has appointed Nordstrom executive Cathy Smith as the company's new chief financial officer, which is seen as a positive move for the coffee chain's ongoing turnaround efforts.

Related tickers: SBUX, JWN.

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Nordstrom reported strong Q4 2024 earnings, exceeding expectations due to effective cost management and digital sales growth, despite inventory and expense challenges.

Related tickers: JWN.

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