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Costco, Nordstrom And Abercrombie Results Showcase Retail Fortunes Across Three Verticals

Retail TouchPoints

Nordstrom, like many other department stores, had a much weaker quarter: overall sales fell 40% , with full-price locations dropping 36% and the off-price division declining 45%. The declines were attributed to store closures, though the retailer has reopened about 40%.

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Retail Logistics: Boosting Efficiency and Productivity

Retail TouchPoints

Their critical shortcoming is the lack of valuable metadata, including data collected from barcode scans, pedometer readings, timing and location. This process often consumes a substantial amount of labor, time and cost, accounting for 50%-75% of total operating expenses in a typical retail store.