by Mike Duff | Jan 13, 2025 | Retail Articles
Wayfair announced it is withdrawing from Germany to prioritize its business in other international markets while optimizing technology advancement and growth in the United States where it continues building physical stores. At the same time, Google Cloud announced it...
by Mike Duff | Nov 8, 2024 | Retail Articles
Wayfair announced Dr. Thomas Netzer will step down as COO by year’s end, at which time the company will further integrate customer- and supplier-focused activities with supply chain by moving current Chief Commercial Officer Jon Blotner to president, commercial and...
by Mike Duff | Nov 1, 2024 | Featured News, Retail Articles
Wayfair turned in an adjusted profit in the third quarter and beat or equaled Wall Street earnings and revenue expectations. Net loss was $74 million, or 60 cents per diluted share, versus a net loss of $163 million, or $1.40 per diluted share, in the quarter a year...
by Mike Duff | Aug 1, 2024 | Featured News, Retail Articles
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...
by Mike Duff | Feb 22, 2024 | Featured News, Retail Articles
Wayfair, after cutting its losses in its fourth quarter, reported it is preparing for a year ahead that will include further business improvements and the launch of new initiatives, including the first Wayfair banner store and a brand refresh. Net loss was $174...