Nordstrom Snapping up HauteLook

摘要

Nordstrom has signed the paperwork to acquire HauteLook, an online private sale club, also known as a flash market. It will pay $180 million in Nordstrom stock. HauteLook will operate as an indepdent, wholly owned subsidiary run by its current management. Its site and Nordstrom's ecommerce site will maintain separate identities. Nordstrom has been working to boost its multi-channel business, bringing in a new inventory management system and integrating its online and in-store processes.