By and  on February 21, 2014

Further evidence of retailers’ tough holiday is beginning to come to light — and firms aren’t particularly bullish about 2014.

Both Wal-Mart Stores Inc. and Nordstrom Inc. saw their shares fall after the two retailers reported declines in net profits for the fourth quarter, a result of the bruising promotional environment during holiday and the winter storms that buffeted much of the U.S. in January.

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