by Mike Duff | Nov 8, 2023 | Retail Articles
For the third quarter, eBay sales and revenue topped a Wall Street estimate as it launched new initiatives in consignment services and refurbished appliances as well as product repairs. Net income from continuing operations was $1.31 billion, or $2.46 per diluted...
by Mike Duff | Oct 11, 2023 | Retail Articles
Home is tied for second place with Home Essentials after Apparel & Shoes as the top category purchased in the first phase of Amazon’s Prime Big Deal Days. Among verified purchasers, according to market researcher Numerator, 23% of Big Deals Days shoppers bought...
by Mike Duff | Sep 28, 2023 | Featured News, Retail Articles
The United States Department of Justice has filed a lawsuit against eBay alleging the c-commerce company has sold products that violate U.S. Environmental Protection Agency rules. In rejecting the allegations, eBay said the company already is working with law...
by Mike Duff | Sep 21, 2023 | Retail Articles
The Jungle Scout Consumer Trend Report for the third quarter reveals more consumers, 41%, spent about the same amount during the period compared to the second quarter than those whose spending declined, 35%, or increased, 24%. At the same time, the Amazon selling...
by Mike Duff | Jul 27, 2023 | Retail Articles
For the second quarter, eBay posted sales and earnings gains with help from higher advertising revenues against a small slide in gross merchandise volume. Net income from continuing operations was $172 million, or 32 cents per share, compared to a net loss of $536...