Discounters with no e-commerce options waiting out COVID-19

April 21, 2020

T.JX Cos., which owns HomeGoods, Marshalls and T.J. Maxx, has not only shut its stores but its e-commerce operations, as well. Other discounters, including Burlington Stores and Ross, didn’t have an e-commerce presence before the novel coronavirus led them to close stores. Now, all of the above are just waiting out the virus with plans to turn the misfortunes of other retailers into opportunities for their own businesses.

Recent News

Google’s Antitrust Trial Teeters On

Google’s landmark antitrust case against the Justice Department has reached its final stage, sparking concern across Silicon Valley. Prosecutors argue that Google’s dominance in online search and search advertising markets is illegal, while Google maintains its superiority. The outcome, to be decided by US District Judge Amit Mehta, could have significant implications not only for Google but also for other tech giants like Apple, Amazon, and Meta.

Apple’s Vision Pro Headset Dominates Enterprise Market

Apple’s Vision Pro headset, a mixed-reality spatial computing device, has found its way into the arsenals of more than half of the Fortune 100 companies, with over 50% investing in at least one unit. This revelation came during Apple’s first quarter 2024 earnings call, where CEO Tim Cook highlighted the enthusiastic reception of their products within the corporate sector.