by Mike Duff | May 4, 2023 | Featured News, Retail Articles
The previously announced return-to-profits initiative by Wayfair took a step forward as the company reduced adjusted losses and bested Wall Street expectations for the first quarter. Net loss in the quarter was $355 million, or $3.22 per diluted share, versus $319...
by Mike Duff | May 2, 2023 | Retail Articles
Wayfair is introducing Digital Design Studio, a patent-pending technology developed to bring the best of online and in-store shopping together, the company announced. Wayfair is introducing Digital Design Studio, a patent-pending technology developed to bring the best...
by Mike Duff | Apr 25, 2023 | Retail Articles
Wayfair will kick off its annual Way Day sale on April 26 at 12 a.m. Eastern time offering the lowest prices of the year with free shipping on everything across its websites and via livestream. This year, customers can shop deals up to 80% off furniture and décor,...
by Peter Giannetti | Feb 24, 2023 | Featured News, Home + Housewares, The Inspired Home Show 2023
Wayfair has been an enthusiastic participant in The Inspired Home Show, and the company’s merchandising team once again is ready to use the opportunity provided by the show to build its business beyond the core furniture assortment. “The Inspired Home Show gives us...
by Mike Duff | Feb 23, 2023 | Retail Articles
Wayfair CEO Niraj Shah, in announcing the company’s year-over-year loss increased and revenue slipped year in the fourth quarter, said the retailer had adjusted operations for greater efficiency and to generate better results. Wayfair CEO Niraj Shah, in...
