For the first quarter, Wayfair beat Wall Street estimates with a lesser loss, although sales declined slightly. Net loss was $248 million, or $2.06 per diluted share, versus a net loss of a net loss of $355 million, or $3.22 per diluted share, in the year-past period....
The 2024 edition of Way Day will kick off on Saturday, May 4, at 12 a.m. Eastern time in the United States. The global three-day sale is Wayfair’s biggest promotional event of the year and will feature 12-hour flash deals, doorbusters on top-selling products and...
Almost two years after news about it emerged, Wayfair has announced that the company will open its first namesake bricks and mortar store on May 23. The company has already debuted outlet centers and physical operations for its niche banners, including AllModern and...
Wayfair has launched a new brand campaign, Welcome to the Wayborhood, which is described by the company as a playful, stylized, and quirky place where everyone can celebrate their personal home styles and needs. The company has previously discussed a rebranding...
Warehouse clubs dominated the American Customer Satisfaction Index among general merchandise retailers, but Macy’s and Target were also among the leaders. Costco and Macy’s led all others with a satisfaction score of 82 with Target and Sam’s Club just behind at...
