Yes, HomeGoods is owned by Amazon. Amazon originally purchased the company in early 2016 for $13.7 billion.
At the time, the company had over 2,500 stores across the United States. However, as of 2019, the company only has 1,500 stores left.
The reason for this decline is unknown. Some attribute it to Amazon’s aggressive expansion into online shopping, while others say that the company’s focus on luxury goods caused it to lose popularity with customers.
Regardless of the reason, it’s clear that Amazon has done a good job of running HomeGoods. The company has managed to keep its stores stocked with a wide variety of products, and it has continued to invest in technology to make the shopping experience more convenient for customers.
In conclusion, it’s safe to say that HomeGoods is owned by Amazon. The company has experienced some declines in recent years, but it remains one of the largest retail chains in the United States.
