Nordstrom Inc. said Monday that it is launching Nordstrom Local on October 3, a smaller shop that will have no dedicated inventory, but instead provide a variety of services including personal stylists. Trunk Club, Nordstrom’s personal styling company, will provide their services as well. The launch will be in West Hollywood, and Nordstrom Local will be 3,000 square feet with a styling suite and and eight dressing rooms, far smaller than the average 140,000-square-foot store. Other services include on-site alterations, same-day delivery, curbside pickup and manicures. Nordstrom shares are up 0.2% in premarket trading, and down 3.8% for the year so far. The SPDR S&P Retail ETF is down 9.1% for 2017 to date and S&P 500 index is up 10% for the period.
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