Retail Roundup—Nordstrom's inventory-free store; Amazon's Indian Prime Day

Amazon Prime Day (Marco Verch/CC BY 2.0)
Amazon will host a one-day shopping event, similar to Prime Day, in India.

Nordstrom to open inventory-free stores

Nordstrom Local will premier in October in West Hollywood, California, in a store 25% smaller than a regular-sized location. It will include clothes and accessories for shoppers to try on, but no inventory in stock. Nordstrom will either have a personal shopper retrieve the items from a nearby location or ship them directly to the customer's home. (PYMTS)

Abercrombie names new CFO

Abercrombie & Fitch has hired a new CFO, Scott Lipesky, to replace Joanne Crevoiserat, who was promoted to COO in February. Lipesky most recently served as CFO for furniture retailer American Signature and previously spent 9 years with Abercrombie & Fitch. (Columbus Dispatch)

Natura acquires The Body Shop

Natura Cosmeticos has acquired The Body Shop chain from L'Oreal for an estimated £880 million ($1.16 billion). The Brazilian cosmetics company will now add The Body Shop's global estate in an effort to create a combination of companies that share a common purpose. (Retail Gazette

Amazon to host a Prime Day-like event in India

Amazon's Indian unit is preparing to launch its flagship annual sale later this month. Known as the Great Indian Festival, the event is meant to compete with Flipkart's flagship Big Billion Days sale, held September 20 to 24. (Live Mint)