For the second quarter, Wayfair recorded a loss during a period the company’s chairman termed “difficult.” Net loss for the quarter was $378 million, or $3.59 per diluted share, versus net income of $131 million, or $1.14 per diluted share in the year-previous period....
Wayfair has announced that it has promoted Sanjeev Singh Sahni to vp, service operations. In his new role, Sahni will drive strategy and execution for Wayfair’s North American Service Operations, including design, product, process and talent implementation. Sanjeev...
The first Wayfair banner brick-and-mortar retail store will open near Chicago in Wilmette, Ill., the municipality announced. Wayfair stated that it would have no comment on the store plan and directed HomePage News to the Village of Wilmette website and announcement....
In what it describes as the first edition of its Home Goods Market Share Index, market research firm YipitData released a ranked list of the top 30 specialist retailers. The new quarterly index, compiled by YipitData’s retail and e-commerce analysts, tracks...
Wayfair announced that it had a first-quarter loss as it adjusts to an environment where the COVID-19 pandemic is a lesser factor and other macroeconomic and political developments are pressuring operations. In addition, Wayfair announced that Michael Fleisher will be...
