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A lot of courteous people in nice suits downtown are feeling a bit tense today; Moody's Investor Service has downgraded its rating of Nordstrom's from "stable" to "negative." That's a rating of Nordstrom's creditworthiness, and isn't all that surprising considering Nordy's themselves anticipate 16 percent less sales this holiday season than last. We're going to bet that that number turns out to be optimistic. Especially since even Baby Jesus can't save them now.
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In Woodinville there's a hole-in-the-wall charcuterie named Bill The Butcher which has the most outl
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Nordy's will be fine.
Reading the headline, I was hoping it was a reference to that great Christmas two-part Saved by the Bell special where Mr. Moody is essentially Scrooge.