Wayfair will go the brick-and-mortar route again with three stores featuring its specialty brands AllModern and Joss & Main, each located in its home state of Massachusetts and featuring furniture, home furnishings and housewares. AllModern will open its first...
As consumers changed their shopping patterns in a market less threatened by COVID-19, Wayfair took a step back in both revenues and earnings during the third quarter, although profits did beat a Wall Street estimate. Net loss was $78 million, or 75 cents per diluted...
The International Housewares Association is collaborating with online retailer Wayfair to create Connect WAYFAIR, a virtual event bringing together IHA suppliers with Wayfair buyers. The event, scheduled for Nov. 10, will provide an opportunity for IHA members not...
Wayfair sales and earnings slipped in the second quarter, but the e-tailer pointed out that the recent results were stronger than in the pre-pandemic period in 2019. Wayfair net income was $130.4 million, or $1.14 per diluted share, versus $273.9 million, or $2.54 per...
The National Retail Federation has released its Hot 25 Retailers List, featuring the top retailers based on percentage sales growth versus 2019. Rankings, compiled by Kantar, are determined by year-over-year percentage domestic sales gains. Wine.com tops the list, as...
