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...
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...
Wayfair has introduced a membership program that extends across all its banners, including the namesake, AllModern, Birch Lane, Joss & Main, Perigold and Wayfair Professional, all for a $29 annual fee. Wayfair Rewards offers multiple benefits, the company stated:...
Wayfair’s Birch Lane brand has partnered with content creator, author and social media personality Barbara “Babs” Costello of the TikTok and Instagram account @BrunchWithBabs. The Babs x Birch Lane partnership includes a shoppable collection of...
Wayfair’s luxury, designer-oriented banner Perigold is opening physical stores after operating exclusively online until now. Perigold’s first storefront will open at CityPlace in West Palm Beach, FL, this fall, taking its place in a destination shopping center with...
