Amazon beat a Wall Street earnings estimate for the second quarter but came in short of a sales estimate despite substantial revenue gains. For the second quarter, Amazon posted a net income of $7.78 billion, or $15.12 per diluted share, compared with $5.24 billion,...
In a step further into web-related services, a big part of rival Amazon’s business, Walmart has announced that it will begin offering several of its own technologies and capabilities to other businesses seeking to better serve customers that shop across their digital...
The home + housewares industry has seen retailers of all sizes and scope demonstrate resilience to withstand the initial incursion of the pandemic and, in many cases, convert such resolve into a stronger, more adaptable foundation for long-term success. I’ve used this...
This is the first installment of an exclusive HomePage News series examining the state of major home and housewares retailers entering the back half of 2021. Read all installments of the HomePage News series: Big Retail Beyond 2021. How major retailers Amazon, Costco,...
In another development that underscores the complicated nature of running third-party marketplace operations, the United States Consumer Product Safety Commission has filed a suit against Amazon seeking to clarify and enforce the retailer’s responsibility to recall...
