Trump's newest Twitter target: Nordstrom

President Trump took to Twitter Wednesday morning to attack another Seattle-based company: Nordstrom.The president said Nordstrom was treating his daughter, Ivanka Trump, "unfairly" despite the fact she is a "good person" and "always pushing me to do...

Trump's newest Twitter target: Nordstrom

President Trump took to Twitter Wednesday morning to attack another Seattle-based company: Nordstrom.

The president said Nordstrom was treating his daughter, Ivanka Trump, "unfairly" despite the fact she is a "good person" and "always pushing me to do the right thing."

My daughter Ivanka has been treated so unfairly by @Nordstrom. She is a great person -- always pushing me to do the right thing! Terrible!

The tweet comes after Nordstrom announced it will no longer carry the Ivanka Trump clothing line in its stores. The retailer say it made the decision based on the brand's performance in stores, and that it replenishes about 10 percent of its supply with new products.

"We've said all along we make buying decisions based on performance," said Nordstrom in a statement emailed to The Associated Press on Saturday. "We've got thousands of brands— more than 2,000 offered on the site alone. Reviewing their merit and making edits is part of the regular rhythm of our business."

Other retailers may soon follow suit, with reports that Neiman Marcus may also pull the line. 

In the past Trump's tweets have had the power to move markets, and this was no different. The Associated Press reports Nordstrom shares were trading at $42.70 before the president's 10:50 a.m. tweet, then fell to $42.48 afterward in a flurry of trading. They recovered to around $42.80 by midday.

Nordstrom had previously come under fire from the #GrabYourWallet social media campaign, which advocates boycotting retailers that carry Trump-branded merchandise.

NEW YORK (AP) — Nordstrom says it will stop selling Ivanka Trump clothing and accessories, creating some questions about the future of the brand elsewhere. The Seattle-based department store chain said the decision was based on the sales performance of the first daughter's brand. Neiman Marcus may be the next one to pull back on the label, as the branded jewelry is nowhere to be seen on the upscale retailer's website as of Friday.

Last week, the Nordstrom family offered a lightly veiled rebuke to the Trump administration in a memo to its 75,000 employees.

The Nordstroms described the pride they have in their immigrant heritage and offered support to any workers impacted "either directly or indirectly" by President Trump's immigration order widely described as a "Muslim ban."

"It's important that we reiterate our values to all of you and make it clear that we support each of our employees," the department store operators said in a memo to employees. "We will continue to value diversity, inclusion, respect and kindness -- you can count on that."

The Associated Press contributed to this report.

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