by Mike Duff | Jan 26, 2024 | Retail Articles
To address staffing growth that has exceeded business gains and a tough macroeconomic environment, eBay will reconfigure the company’s workforce with plans to lay off about 1,000 employees, or approximately 9% of its staff. The move comes after other retailers that...
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...
