Connect with us

Headlines

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

mm

Published

on

 

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

SPONSORED VIDEO

Sponsored by Varilux

Introducing the VariluxⓇ Challenge

You’re faced with a variety of progressive lenses to recommend to your patients, but they are not created equal. When Eyecare Professionals insisted on Varilux lenses with every presbyopic patient for 30 days, not only did they provide sharp, seamless vision so that their patients could truly see no limits, but they also created trust, loyalty and increased profitability. See for yourself and take the Varilux Challenge today at VariluxChallenge.com.

#VariluxChallenge #InsistOnVarilux

Promoted Headlines

Advertisement

Advertisement

Subscribe


BULLETINS

Get the most important news and business ideas for eyecare professionals every weekday from INVISION.

Advertisement

Most Popular