The third quarter saw Wayfair top a Wall Street estimate on earnings as revenues came up a bit short. Net loss was $163 million, or $1.40 per diluted share versus a net loss of $283 million, or $2.66 per diluted share, in the year-prior quarter. Adjusted for one-time...
The TJX Cos. has shut down the e-commerce component of the HomeGoods website. The homegoods.com homepage now directs consumers to shop for home decor at TJX’s tjmaxx.com or marshalls.com operations. According to its latest quarterly filing with the United States...
Despite a shaky economy, the International Council of Shopping Centers anticipates 3.8% higher sales this holiday season versus 2022. In the survey that forms the forecast foundation, 90% of consumers said they planned to shop for the holidays this year. Eight-in-10...
In detailing how technologies including augmented reality are improving its search and other online functions, Amazon is tacitly acknowledging that consumers need help getting what they want from the endless aisle and is seeking to provide it. So, Amazon has launched...
Social media platform TikTok has launched the TikTok Shop in the United States as a new way for people to find and shop for products on the app. TikTok Shop will bring shoppable videos and TikTok Live streams directly to users’ For You feeds, giving brands,...
