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The Seattle-based chain is also throwing in free shipping for all returned merchandise. It's an interesting move within the online retail world, where the cost of shipping remains a significant constraint to customer traffic. Previously, Nordstrom had free shipping for online purchases of $200 or more; at Amazon, the minimum purchase is $25. Free shipping isn't cheap, of course, which raises the question of where these extra dollars will come from: the retailer, in the form of lower profits, or the customer, in the form of higher prices. (LAT, press release)
More by Mark Lacter:
American-US Air settlement with DOJ includes small tweak at LAXSocal housing market going nowhere fast
Amazon keeps pushing for faster L.A. delivery
Another rugged quarter for Tribune Co. papers
How does Stanford compete with the big boys?
Those awful infographics that promise to explain and only distort
Best to low-ball today's employment report
Further fallout from airport shootings
Crazy opening for Twitter*
Should Twitter be valued at $18 billion?
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Mark Lacter created the LA Biz Observed blog in 2006. He posted
until the day before his death on Nov. 13, 2013.