Nordstrom: Shoppers won’t even buy clearance items right now

Most analysts would agree Nordstrom has arguably the best-looking department stores and customer service in the game.

Even those great attributes don’t appear to be enough currently, though, as U.S. consumers shun discretionary purchases like apparel with inflation raging. The stress on consumer budgets has reached a point where a trip to the sales rack at a Nordstrom store or the clearance section at a Nordstrom Rack are off the table for the time being, execs hinted on an earnings call late Tuesday. (Read more at Yahoo!Finance.