Hour Loop, Inc, an online retailer, engages in e-commerce retailing in the United States. The company sells home/garden décor, toy, kitchenware, apparel, and electronics products. It sells its products through its website, hourloop.com; and through amazon.com and walmart.com. The company was founded in 2013 and is headquartered in Redmond, Washington.
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Here are 1-3 brief analogies to describe Hour Loop:
- Think of it as an online-only, data-driven TJ Maxx or Ross Stores, but instead of operating its own physical locations, it sells a broad range of products across major online marketplaces like Amazon and Walmart.
- It's like an online general merchandise retailer similar to Overstock.com, but one that primarily sells its vast inventory as a third-party vendor across marketplaces like Amazon and Walmart, rather than mainly on its own website.
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- Home and Kitchen Goods: Hour Loop offers a wide range of products for household use, including kitchenware, small appliances, and home decor items.
- Apparel and Accessories: The company sells various clothing items, fashion accessories, and related products.
- Consumer Electronics: A selection of electronic devices and their accompanying accessories are available through their e-commerce platforms.
- Pet Supplies: Products catering to pets, such as food, toys, and grooming items, are part of their offerings.
- Toys and Games: Hour Loop provides a diverse assortment of recreational items for both children and adults.
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Hour Loop (symbol: HOUR) primarily operates as an e-commerce retailer that sells a wide variety of products directly to individual consumers through major online marketplaces such as Amazon, Walmart, and eBay. Therefore, its major customers are individual consumers rather than other businesses.
Based on its diverse product offerings across numerous categories, Hour Loop serves the following categories of individual customers:
- Diverse Household Shoppers: These are individuals and families who frequently purchase a broad array of products for their daily needs, home, personal use, and gifting purposes. They value the convenience, extensive selection, and competitive pricing offered by online marketplaces for items ranging from home goods and electronics to apparel and pet supplies.
- Category-Specific Shoppers: While Hour Loop offers a general assortment, it also attracts consumers who are specifically seeking items within certain product categories. This includes individuals looking for particular kitchenware, pet supplies, personal care items, toys, or electronics accessories, who discover Hour Loop's listings while browsing within these specialized segments.
- Value-Oriented Consumers: This category encompasses shoppers who prioritize competitive pricing, promotional deals, and efficiency in their online purchasing decisions. They often compare prices across various sellers on e-commerce platforms to find the best value for their desired products.
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Sam Lai, Chairman and Chief Executive Officer, Interim Chief Financial Officer
Co-founded Hour Loop in 2013. He has served as Chief Executive Officer and a member of the Board of Directors since June 2013, and as Chairman of the Board since April 2021. Mr. Lai has also served as Interim Chief Financial Officer since March 29, 2022. He is a seasoned software engineer with 18 years of experience, having designed and built software at Hour Loop, Inc., Amazon.com, Inc., UnifiedEdge, Inc., Kits, and Applied Research Labs. His prior experience includes roles as a Software Development Engineer for Amazon.com, Inc. from December 2009 through June 2017 and from September 2005 through February 2007. He also served as a Senior Java Developer at UnifiedEdge, Inc. from March 2009 through December 2009, and at Kits from February 2007 through March 2009. Earlier in his career, he worked as a Research Engineer Scientist Assistant at Applied Research Labs from March 2003 through January 2004. Mr. Lai holds a Bachelor's Degree in Computer Science from the University of Texas at Austin (2003) and a Master's degree in Computer Science from the University of California, San Diego (2004).
Sau Kuen Yu, Senior Vice President and Director
Co-founded Hour Loop in 2013. Ms. Yu has served as Senior Vice President and a member of the Board of Directors since June 2013. She graduated with a Bachelor's Degree in Computer Science from the University of California, San Diego. Publicly available information regarding her employment history between her graduation from the University of California, San Diego, and June 2013 is not provided.
Ted Lai, Chief Technology Officer
Appointed as Chief Technology Officer at Hour Loop Inc. in 2022. His professional background includes serving as a Senior Software Engineer at Google from 2013 to 2015 and again from 2017 to 2019, where he contributed to ChromeOS performance benchmarks and developed a real-time aggregation pipeline to combat abuse and spam. Mr. Lai also worked as a Software Developer at Presagis, specializing in rendering algorithms and 3D modeling tools, and at TFPSoft, where he focused on game engine codebase improvements. Early in his career, he was a Teaching Associate at Arizona State University. He earned a Master of Art degree in Mathematics from Arizona State University (2005-2008) and a Bachelor of Science degree in Mathematics from the University of Texas (2000-2004).
Monica Peng, General Manager, Amazon US Business
Currently serves as Business Manager at Hour Loop, Inc., a role she has held since May 2020. Prior to joining Hour Loop, Ms. Peng worked as a Brand Communications Associate at YFY Green Food (Shanghai) Co., Ltd from September 2018 to February 2020, focusing on promoting organic produce. From October 2017 to August 2018, she was an Account Executive at Elite PR Group, delivering integrated public relations services in the technology sector. Her earlier career at NXP Semiconductors included various positions such as Global Disti Sales Operations and Commercial Marketing Manager – Global EMS Segment, where she specialized in sales operations and pricing strategies. Ms. Peng holds a Bachelor's degree in Political Economy from National Sun Yat-Sen University and has participated in international educational programs in Sweden and South Korea.
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- The increasing dominance and aggressive expansion of private label brands by major e-commerce marketplaces (e.g., Amazon Basics, Walmart's extensive private labels). As Hour Loop primarily operates as a third-party seller on these platforms, the marketplaces themselves are becoming direct and highly favored competitors, leveraging their platform control and data to promote their own products over third-party offerings.
- The rapid emergence and growth of social commerce platforms (e.g., TikTok Shop, Instagram Shopping) and the continued acceleration of direct-to-consumer (DTC) brand strategies. These channels allow brands to build direct relationships with consumers and execute sales outside of traditional third-party marketplaces, potentially siphoning off customer attention and sales from the platforms where Hour Loop primarily conducts its business.
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Hour Loop, Inc. (HOUR) operates as an online retailer primarily within the United States e-commerce market, selling a diverse array of consumer products through major platforms like Amazon and Walmart. The company's main product categories include home and garden décor, toys, kitchenware, apparel, and electronics.
The addressable markets for Hour Loop's products and services are primarily within the United States, as follows:
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Overall U.S. E-commerce Market: This is the overarching market for Hour Loop's business model. In 2025, the U.S. e-commerce market is estimated to be approximately USD 1.25 trillion, with some projections suggesting it could reach USD 1.29 trillion by the end of 2025. The market is forecast to grow significantly, with estimates ranging from USD 1.84 trillion by 2029 to USD 2.08 trillion by 2030. Another projection indicates a value of USD 4.37 trillion by 2034.
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U.S. Home Decor Market: This market, which includes home and garden décor and kitchenware, was valued at approximately USD 215.21 billion in 2025. Other estimates place the 2024 market size at USD 237,874.2 million or USD 185 billion. The U.S. home decor market is projected to grow to USD 263.21 billion by 2030 or up to USD 392,556.1 million by 2030. E-commerce for home decor is experiencing a significant climb with a 10.41% compound annual growth rate (CAGR) in the U.S. market.
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U.S. Apparel Market: Hour Loop also sells apparel and accessories. The U.S. apparel market is valued at approximately USD 365.70 billion in 2025, with another estimate for 2025 at around USD 395 billion. The market was valued at USD 564.2 billion in 2023 and is expected to grow at a CAGR of over 3% through 2028. The U.S. e-commerce apparel market is expected to reach USD 245,189.6 million by 2030. Online sales constitute about 38% of total apparel sales in 2025.
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U.S. Consumer Electronics Market: This category, which includes electronics, has an addressable market in the U.S. valued at approximately USD 172.2 billion in 2025 for consumer electronics stores. The broader U.S. consumer electronics market generated USD 200,356.1 million in revenue in 2024 and is expected to reach USD 261,929.1 million by 2030. Another report indicates a value of USD 185.5 billion in 2024, projected to grow to USD 281.4 billion by 2032. The U.S. accounts for a significant portion of the North American consumer electronics market, holding a dominant share of 78.8% in 2024.
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U.S. Toys and Games Market: While Hour Loop's largest category by sales is toys, comprising 15% of its sales, a specific addressable market size for "toys and games" within the U.S. online retail segment was not distinctly identified in the provided search results. However, the overall U.S. e-commerce market size is applicable to these products as they are sold through online retail channels.
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Hour Loop (NASDAQ: HOUR) anticipates several key drivers for its revenue growth over the next two to three years.
Here are the expected drivers:
- Expansion of Product Portfolio (SKUs): The company plans to rapidly increase its number of Stock Keeping Units (SKUs). By diversifying its product offerings across categories such as home/garden décor, toys, kitchenware, apparel, and electronics, Hour Loop aims to capture a larger market share and cater to a wider customer base on e-commerce platforms like Amazon.
- Growth in Vendor Relationships: Hour Loop intends to expand its business by increasing the number of vendors it works with. This strategy allows them to broaden the selection of products available to customers and potentially secure better purchasing terms, which can support competitive pricing and higher sales volumes.
- Increase in Business Managers and Operational Capacity: Hour Loop is focused on augmenting its staff, including business managers, and expanding its operational capabilities across geographies (e.g., new offices in Taiwan). This strategic expansion is aimed at scaling the business, improving efficiency, and driving sustained growth.
- Enhanced Operational Efficiency and Inventory Management: While directly impacting profitability, improvements in operational efficiency and effective inventory management indirectly drive revenue growth. By optimizing product costs, managing storage fees, and enhancing inventory quality, Hour Loop can maintain competitive pricing and ensure product availability, which is crucial for sales on highly competitive platforms like Amazon.
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Share Issuance
- Hour Loop completed its Initial Public Offering (IPO) in January 2022, with net proceeds totaling $6,156,360 after deducting expenses.
- The Hour Loop, Inc. 2021 Equity Incentive Plan authorized the issuance of 4,995,000 shares of common stock.
- The number of issued and outstanding common shares increased from 35,082,464 as of December 31, 2023, to 35,143,460 as of December 31, 2024.