Nordstrom and Rent the Runway Expand Their Partnership
On the latest episode of the E-Commerce Retail Briefing podcast:
Nordstrom and Rent the Runway are expanding their partnership, bring more drop-off boxes to Nordstrom locations along with offering enhanced services to Rent the Runway members.
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Nordstrom and Rent the Runway Expand Partnership
Nordstrom and Rent the Runway are expanding their partnership, with the apparel rental service bringing its drop-off boxes to 24 more Nordstrom locations nationwide. Five Nordstrom locations currently offer the Rent the Runway return service, according to a press release from the companies. Nordstrom is also becoming a rent the Runway Platform partner, which the companies said, “entails contributing inventory to the Rent the Runway ecosystem to extend the lifecycle of Nordstrom products." They’re also exploring the development of other exclusive products that could be bought or rented.
The expanded partnership comes at a time when e-commerce is seeing more growth than the wider retail industry. Brick-and-mortar and online retailer partnerships have become a strategy several companies have embraced as the retail landscape continues to shift. Kohls began accepting Amazon returns and Target started selling Casper mattresses. ThredUp also formed partnerships with JCPenny and Macy’s to sell a selection of their consignment clothes in several of their department store locations. Rent the Runway isn’t a stranger to partnering with a brick-and-mortar retailer, installing its drop boxes at 15 WeWork locations along with hosting several pop-ups at the company’s locations.
For Nordstrom and Rent the Runway, it’s hard to imagine a better match for a partnership. Both companies emphasize their upscale apparel and customer service. Nordstrom locations will have trained stylists available to work with Rent the Runway members and place a renewed emphasis on high-touch services like tailoring, styling, and gift wrapping.