Bits & Bytes | Nordstrom Takes Stake in Software Firm, Fit Tech, Fixing Flipkart

"Nordstrom Buys Stake in Software Firm" (The Wall Street Journal)
"Nordstrom Inc. has acquired a minority stake in a supply-chain software firm, part of the luxury retailer's effort to fulfil a growing number of online orders without sacrificing profits."

"How the Future of Fit Could Spell the End of Retail Returns" (Retail Dive)
"The idea is that if shoppers can make more accurate size and fit decisions when buying apparel and footwear, the number of fit-based returns will be vastly reduced."

"Project Fixkart: Binny Bansal & Co.'s Last Shot at Turning Around Flipkart" (Factor Daily)
"In the 12 months leading up to May 2016, rival Amazon has gained market share, while Flipkart has seen growth of its sales measured by value of goods sold — known as gross merchandise value or GMV in retail parlance — flatten."

"Snapdeal May Die a Slow and Painful Death" (Quartz)
"The Gurgaon-based firm lags Flipkart on most metrics, and currently has Amazon India (Amazon.in) nipping at its heels for the second position in an overcrowded market.

"Back to Bricks and Mortar: How E-Commerce Has Embraced the Real World" (The Guardian)
"But with so many e-commerce businesses opening physical stores, and many traditional retailers bolstering in-store technology, the mass migration of shoppers from offline to online has not been as straightforward as pundits predicted."

"What to Wear to Work? Soon, a Tiny Computer" (Bloomberg)
"As a business proposition, work-wearables offer advantages over the better-known consumer-oriented products."