Tag: Wayfair

April 23, 2024

In a move that further extends its reach offline, Wayfair is getting ready to open its first large-format store next month. The store, located in Edens Plaza in Wilmette, Illinois, will open on May 23. The space spans 150,000 square […]

March 11, 2024

With its new campaign, Wayfair is welcoming shoppers to “The Wayborhood,” a playful, fantastical neighborhood that celebrates the home retailer’s “Every style, every home” tagline and comes to life across a variety of consumer touch points. By tweaking its logo […]

July 7, 2021

Amazon, Alibaba, Wayfair, and Pinduoduo all saw revenues jump more than 30 per cent last year as the ecommerce sector exploded in popularity. According to new figures from GlobalData, nine of the top ten ecommerce companies across the globe reported […]

April 22, 2021

It will come as no surprise that when looking at the top players in U.S. ecommerce, Amazon leads the pack. What might be surprising is exactly how much of a lead the digital behemoth has. Amazon is expected to make […]

September 15, 2020

As many retailers have taken a financial hit during the COVID-19 pandemic, Wayfair has managed to turn its losses around. In February, the retailer disclosed a net loss of $330.2 million, up from $143.8 million the year prior, and laid […]

July 21, 2020

E-commerce stocks have roared higher off the March lows. Wayfair, Stitch Fix, Etsy and Chewy have rallied triple digits since the market trough four months ago. Overstock, the biggest mover, has skyrocketed 2,058% since its own bottom. These stocks have […]

May 5, 2020

Online furniture retailer Wayfair’s net loss widened in the first quarter as its sales surged nearly 20%, with more people flocking to its website to furnish their home offices and bedrooms during the coronavirus pandemic. Its shares fell roughly 3% […]

May 2, 2019

While direct retail net revenues increased for Wayfair — whose operations are comprised of Wayfair, Joss & Main, AllModern, Birch Lane and Perigold — it wasn’t all rosy for the online furniture retailer. The company’s net loss widened to $200.4 […]

March 26, 2019

Wayfair’s foray into physical retail comes after the apparent success of two pop-up shops, including one during the 2018 holiday season at the Natick Mall, which is a short drive from the company’s Boston-based headquarters. The company also operates an […]

October 16, 2018

Several retailers are bolstering their loyalty programs, with most making it easier to earn rewards without membership fees or even the need for a store credit card. Macy’s, DSW, Gap Inc., Kohl’s and Target have all tweaked their programs in […]

March 8, 2017

Speed became a top priority in the fourth quarter for retailers such a Gap, L Brands and American Eagle Outfitters as more and more mall-centered brands look to compete with the fast fashion trends. Even Kohl’s recently announced that its […]

February 24, 2017

Wayfair on Thursday said that fourth quarter direct retail net revenue through its five e-commerce sites rose 40% year over year to $959 million, with Q4 total net revenue increasing 33.1% year over year to $984.6 million. The e-commerce home […]

November 9, 2016

Wayfair Inc. is investing in international expansion, e-commerce logistics and seasonal promotions, the web-only home furnishings giant said Tuesday in its third quarter earnings call. Wayfair’s direct retail revenue, which primarily comes from orders placed online at Wayfair.com, Joss & […]

August 24, 2016

Wayfair Inc. has launched an in-house developed virtual reality app to help customers plan their outdoor patio area. The retailer’s new Patio Playground application uses Facebook’s Oculus Rift platform, Developed by Wayfair Next, the company’s in-house research and development team, […]

May 10, 2016

A boost in repeat customers and advertising spend drove up Wayfair LLC’s direct-to-consumer revenue by 92.7% and total revenue by 76.1% in the first quarter ended March 31, the online-only retailer reported today. Direct-to-consumer sales, which are primarily orders placed […]