Lauren Thomas

Nordstrom plans to open smaller stores in dense urban areas that have no inventory and instead have experiences and services such as a seamstress, a nail salon and a bar.

Amazon announced that it will make one-day shipping the standard for all Prime members. This move pressures other retailers like Target and Walmart to keep up with consumers' delivery expectations.

In an effort to keep up with competitor Amazon, Walmart partners with delivery company Postmastes to offer same-day grocery delivery to more US households.

The amount of retail space going dark in 2018 is on pace to break a record, as companies with massive floor plans are either trimming back their store counts or liquidating entirely.

Nordstrom has officially opened its first store without inventory, testing a new format for the department store chain called Nordstrom Local.