Online retailers continue to launch and expand physical store concepts, as is the case with eBay, which is opening the Luxury Exchange in New York City to capitalize on the skyrocketing value of authenticated luxury items by letting shoppers exchange goods from top...
One-time charges aside, eBay managed to beat a Wall Street earning estimate in the second quarter, even if sales and earnings slipped. Net loss from continuing operations was $536 million, or 96 cents per diluted share, versus net income of $294 million, or 43 cents...
At a time when consumer priorities are being redefined, Walmart is getting into refurbished goods through a program dubbed Walmart Restore, which gives consumers the chance to purchase quality goods at lower prices than new products. Walmart Restore arrives at a time...