Wayfair, after cutting its losses in its fourth quarter, reported it is preparing for a year ahead that will include further business improvements and the launch of new initiatives, including the first Wayfair banner store and a brand refresh. Net loss was $174...
Opportunity abounds at The Inspired Home Show 2024, according to the lead housewares merchant at Wayfair. Paige Kelly, Wayfair’s Head of Housewares & More, told HomePage News the ability for her team to work with vendors personally is a major attraction of The...
In an initiative that brings 3D capabilities to virtual shopping, Wayfair is giving Apple Vision Pro users access to Decorify, Wayfair’s generative AI pilot application. The app gives users the means to quickly and easily redesign their spaces in familiar and...
Wayfair, HomeGoods and Big Lots had the highest market shares among pure-play specialty home product retailers for the fourth quarter of 2024, according to market researcher YipitData. HomeGoods had the highest gain in the market share in a study from YipitData, at...
As it continues a series of actions initiated in 2022, Wayfair stated it would reduce its global workforce by 13%. After an organization-wide analysis of workforce size and structure, the company decided to layoff 1,650 employees, Wayfair stated. The layoffs will most...
