Retail took some surprising twists in 2024, as the view forward from 2023 didn’t reveal how the way forward would have so many twists and turns. Of course, some developments fell into old patterns and some weaker retailers fell by the wayside. Meanwhile, an...
Wayfair has released Wayfair Professional’s 2025 Design Trends, a roundup of the styles expected to shape residential and commercial interior spaces in the coming year. Wayfair Professional is the B2B division of Wayfair. Wayfair Professional’s trends for...
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:...