Costco Wholesale Corp. reported net and comparable sales gains highlighted by strong e-commerce results for its fiscal July period. Non Foods sales also showed strength at Costco during the four-week period ended August 4, the company reported. Net sales were $19.26...
Wayfair, which came up short of Wall Street second-quarter estimates despite strong adjusted earnings gains, pointed to positive prospects from an expected turnaround in home furnishings spending. Net loss was $42 million, or 34 cents per diluted share, versus a net...
Lifestyles are diverse today, but The Inspired Home Show presented an array of products that can support living at home with all the variations and preferences evident among consumers. Indeed, over a generation from the Great Recession through the COVID-19 pandemic...
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...
Although macroeconomic factors have weighed on holiday sales prospects, National Retail Federation Chief Economist Jack Kleinhenz, as part of NRF’s Monthly Economic Review for November, stated that consumer spending momentum looks to chug along in the last two months...
