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Nordstrom Makes Trunk Club A Bit More Costly As It Tightens Up eCommerce Operations

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But since that high-profile purchase, Trunk Club has yet to turn a profit for its new parent (it is the one unit of Nordsrom that has not), according to reports in Chicago Business Journal , and apparently, its tolerance for the service as a loss leader has run out.

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The Race For Online Grocery Shopping Heats Up

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The first big move was the introduction this month of an online marketplace to enhance the popular Kroger Ship service and widely expand the digital assortment of private-label products that Kroger has on offer. That will be a very big shift in operations, as eCommerce only accounted for 3.6 percent of its $27.5 billion in U.S.

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Are Online Merchants The Mall’s Unlikely Salvation?

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One might imagine that mall operators nationwide take a rather jaundiced view of the internet, since online shopping has more or less killed the mall. But perhaps that is the old conventional wisdom — the emerging idea is that online retailers are giving back some of what they’ve taken away these days. “We

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Amazon Boosts Online Shopping Capabilities With AR View Feature

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Other big names have also added AR store functions to their online shopping offerings, including Swedish furniture giant IKEA , discount retailer Target and home furnishings firm Wayfair. Amazon’s AR View is only compatible with Apple iPhone 6S or higher, and the iOS devices must be using the iOS 11 mobile operating system.

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Adidas Posts Losses Of $400M In Q2, But Expects Q3 Rebound

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At the same time, Adidas suffered an operating loss of 333 million euros ($394 million). The losses came despite what the sneaker giant called “exceptional growth” of its online sales. Online sales accounted for more than a third of Adidas’ business, which includes sales through its own website and from its partners.

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PayPal Provides $5M In Grants To Support Minority Businesses

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The grants are part of the San Jose, California-based worldwide online payments system’s $530 million pledge made earlier this year to strengthen minority communities and fight for economic equality and racial justice. “To PayPal Holdings Inc. provided $5 million in grants to support Black-owned businesses in the U.S.

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GoHealth Ready To Launch $750M IPO

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Chicago-based GoHealth has filed to raise $750 million in an initial public offering (IPO) of its Class A common stock, according to an amendment to its registration seen by Seeking Alpha. The initial idea for the company was to improve the status of online health insurance ordering through brokers. The company wants to sell 39.5

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