Headlines

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

Published

8 years ago

July 11, 2016

INSTORE Staff

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.

Looking for a Seamless Sale? Call Wilkerson

After almost 60 years in business, Breakiron Jewelers in Erie, Pennsylvania, was closing its doors. And the store’s owner, Linda Breakiron, was ready for it. She had run the store as its sole owner since the beginning of the millennium and was looking forward to a change. Of course, she called Wilkerson. Breakiron talked to other jewelers who had used Wilkerson and was satisfied with their response. “They always had positive feedback,” she recalls. With the sales, marketing and even additional inventory that Wilkerson provided, Breakiron insists she could never have accomplished her going-out-of-business sale without Wilkerson’s help. She’s now ready for the journey ahead, but looking back, she’d be sure to recommend Wilkerson. “They just made the whole process very seamless.”