Newegg Expanding U.S. Capabilities

Newegg Expanding U.S. Capabilities

Newegg Commerce is opening two new distribution centers, one in Atlanta, GA at 200,000 square feet and one in Ontario, CA, at 240,000 square feet. With eight distribution facilities in its network across the United States, Newegg now has more than 2.1 million square...
Macro Pressures Drive Big Lots to Q3 Loss

Macro Pressures Drive Big Lots to Q3 Loss

Macro pressures led to a third-quarter loss for Big Lots, but the company stated that it is well-positioned for the holiday season. The company posted a net loss of $4.3 million, or 14 cents per diluted share, for the quarter versus net income of $29.9 million, or 76...