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Nordstorm trims 106 customer service jobs in the US

Nordstrom last week eliminated 106 customer care jobs. The Seattle-based retailer said the positions being eliminated, customer-care specialists, had been made obsolete by improvements to its overall shopping experience. No other job cuts are in the works right away despite the...

Nordstrom drops Ivanka Trump brand from its stores

American luxury retailer, Nordstrom announced that it will stop selling Ivanka Trumps clothing and accessories line, the media reported. "We've said all along we make buying decisions based on performance," Nordstrom said in a statement on Thursday. "In this case, based...

Amazon's worth is now more than top 8 brick-and-mortar retailers combined

According to Credit Suisse analysts led by Eugene Klerk, with a current market cap of $390 billion, Amazon is now worth more than the top eight traditional brick-and-mortar retailers combined. The note by the analysts' goes on to say that the Seattle-based retail...

2016 Luxury Retailers of the Year: Consumer-focused organisations emerge clear winners

Luxury Daily, one of the the world’s leading luxury business publications, organizes the most prestigious luxury awards handed out annually. The New York-based publication - which covers strategy, tactics, execution and results for luxury marketing, and retail across all mediums and...

Sneak Peek: Top 10 US e-tailers and 8 were once just brick-and-mortar

The world's biggest and most successful retailers have converted challenge into opportunity in astonishing numbers and Indian brick-and-mortar retailers - feeling the heat from e-tailers - are taking notes on how their American counterparts have converted first-mover retailing insights into a robust Omnichannel strategies. Indiaretailing Bureau presents some...

Top retail trends of 2016 to watch out for

CONVERGENT POS The way customers prefer to pay is bound to change in 2016. Handheld point-of-sale (POS) systems with a cloud-based back-end have proven to be the device of choice by customers to make payments. They also result in more...
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Toys“R”Us to open up to 50 stores in India in 3 years: Nitin Chhabra, Ace Turtle

The company plans to open 12 Toys“R”Us stores in 2024 and 100 in five years, as per Nitin Chhabra...
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