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As Profit Falls, Nordstrom Opens Checkbook to Boost E-Commerce

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Seattle retailer looks to new delivery method to reduce inventory.

Nordstrom has purchased a minority stake in supply-chain software firm Dsco, which provides a cloud-based service that routes orders from retailers’ websites to manufacturers so that the orders can be shipped directly to the customer, the Wall Street Journal reports. The article says that this method of delivery is called “drop shipping” and can reduce retailers’ costs by allowing them to hold less inventory. The investment comes as Nordstrom reported a $46 million profit last quarter, which was down from $128 million a year ago.

Read more at The Wall Street Journal

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Wilkerson Testimonials | MSG Jewelers

Wilkerson Takes the Worry Out of Closing

MSG Jewelers has always treated its customers like family. When owner Mike George decided to retire and close the doors of his St. Louis, Missouri jewelry store, he selected a company to manage his going-out-of-business sale that treats its customers like family, too. That’s why he chose Wilkerson. “Wilkerson was able to do all the things that we needed,” says George. In the end, the bittersweet store closing was so much easier with Wilkerson at the helm. From marketing to pricing to inventory, Wilkerson does it all. “It’s a package deal,” says George.

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