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Wayfair Records Q3 Loss, Outlines Comeback

Wayfair Records Q3 Loss, Outlines Comeback

by Mike Duff | Nov 3, 2022 | Featured News, Retail Articles

After the company narrowly beat Wall Street estimates despite recording a loss, Wayfair CEO Niraj Shah detailed plans for a quick recovery of the company’s financial fortunes. Net loss in the quarter was $283 million, or $2.66 per diluted share, versus a net loss of...
Wayfair Slates Second Way Day, Sustainable Shopping Program

Wayfair Slates Second Way Day, Sustainable Shopping Program

by Mike Duff | Oct 20, 2022 | Retail Articles

In the pre-holiday period, Wayfair is organizing a second Way Day and has expanded its Shop Sustainably initiative to give consumers a way to find eco-friendly items. Wayfair will begin its two-day, global Way Day holiday sales event on October 26 at midnight. The...
Perigold Celebrates Fifth Anniversary with New Marketing

Perigold Celebrates Fifth Anniversary with New Marketing

by Mike Duff | Sep 14, 2022 | Retail Articles

Perigold, which features brands that usually are in the realm of interior designers, is celebrating its fifth anniversary with a new marketing campaign that highlights its vision to ‘unlock extraordinary’ and offer access and the opportunity to shop luxury home...
Wayfair Aims for Profitability Against Revenue Headwinds

Wayfair Aims for Profitability Against Revenue Headwinds

by Chandler Harvey | Sep 9, 2022 | Featured News, Retail Articles

Wayfair posted a loss in the second quarter that got people buzzing about its ability to operate profitably and advance its business model in the middle and long term. The company, however, just detailed some near-term initiatives intended to turn around its numbers...
YipitData: Consumers Settling Back Into Pre-Pandemic Home Goods Shopping

YipitData: Consumers Settling Back Into Pre-Pandemic Home Goods Shopping

by Mike Duff | Aug 12, 2022 | Retail Articles

Market researcher YipitData has released the second edition of its Home Goods Market Share Index: Pure Players, detailing which retail brands have gained market share, as in the case of La-Z-Boy, and lost market share, as in the case of Bed Bath & Beyond. The...
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