Ubique Group, a merchandiser of furniture and décor, has teamed up with Martha Stewart to launch a new line of home office products including furniture and storage. The 112-piece collection consists of commercial-quality office furniture in an assortment of styles and...
With an eye to increasing momentum, Wayfair gained traction on its turnaround strategy in the second quarter, posting adjusted profits among its better results and easily beating Wall Street estimates. Net loss was $46 million, or 41 cents per diluted share, versus a...
In its launch of Decorify, Wayfair is giving consumers an AI-enhanced means to virtually remodel their home spaces before purchasing the real-world products needed to do so. In this pilot application, as Wayfair termed it, Decorify uses a generative AI model that...
Although some hope existed that BuyBuyBaby might sell as a complete entity, the retailer did not receive a sufficient offer at auction as an ongoing concern, turning the event into a sale of the company’s intellectual property. As such, the brick-and-mortar chain...
The first Wayfair-branded physical store is under construction with planned completion by next spring. While the store will be the first under the Wayfair banner, the company previously opened physical stores under its specialty nameplates, such as AllModern The...
