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I visited Wayfair's first-ever physical store in Chicago. Take a look.
It's not every day that a $7.25 billion e-commerce brand takes the plunge into physical retail, so β¦
Dominick Reuter Β Β
Wayfair CEO says laying off workers has turned out great
Wayfair's Niraj Shah and Steve Conine said in a letter to shareholders that having fewer staff has β¦
Grace Eliza Goodwin Β Β
'I just can't': Why so many consumers are sick and tired of online shopping
It's not just you. 74% of shoppers say they've abandoned their online shopping cart because they weβ¦
Emilie Friedlander Β Β
Macy's and Wayfair start the year off with layoffs. Here are the major retailers making cuts in 2024.
Macy's, Wayfair, and Stitch Fix have all recently announced layoffs in the retail sector.
Jennifer Ortakales Dawkins Β Β
Wayfair is slashing 1,650 jobs just weeks after the CEO said it was profitable again
Wayfair is cutting 1,650 jobs, or 13% of its workforce, including almost one in five corporate stafβ¦
Grace Dean Β Β
Read the email Wayfair's CEO sent to staff announcing that it's laying off 13% of its workforce
"I truly regret the impact this will have on you," CEO Niraj Shah told staff in an email.
Grace Dean Β Β
Wayfair CEO tells employees the company is profitable once again but to expect long hours and 'blending work and life'
Wayfair's CEO wrote that it was "back to winning" but that employees shouldn't get lazy. Read his mβ¦
Steven Tweedie Β Β
This new 'Shazam' for fashion app could change the way the world shops online
Capsule mines the entire internet to find shoppable styes to match whatever you are looking for. Itβ¦
Lakshmi Varanasi Β Β
Young guys literally only want one thing and it's this $7,000 chair
From tech bros to finance guys, rich young men are in love with this midcentury modern Eames loungeβ¦
Emily Stewart Β Β
Cheap furniture and toys could soon get much more expensive as retailers are hit by rising shipping costs
"In 40 years in toy retailing I have never known such challenging conditions from the point of viewβ¦
Mary Hanbury Β Β
Amazon is reportedly creating a furniture-assembly service that would task delivery drivers with building items for customers
If the customer doesn't like the item after it's assembled or installed, the delivery driver would β¦
Natasha Dailey Β Β
Americans are expected to spend their third stimulus checks on clothes, home improvement, and dining out - and it could boost stores like Kohl's and Home Depot
The proposed stimulus package could send Americans on shopping sprees, and retailers, restaurants, β¦
Natasha Dailey Β Β
Baby boomers flocked to online shopping like never before during the pandemic, new data shows
The 65+ demographic spent 49% more online in 2020 than the year prior, making them the fastest growβ¦
Natasha Dailey Β Β
A growing number of companies are freezing or slowing hiring. Here are the firms making changes, from Meta to Wayfair.
Some of these companies went on massive hiring sprees before changing course.
Mary Meisenzahl Β Β
Wayfair's earnings included a wild stat that shows how much the coronavirus has changed shopping habits
Many shoppers have turned their attention to improving their homes, and that's led to great news foβ¦
Madeline Stone Β Β
Wayfair shoots down conspiracy theory about child sex trafficking and expensive cabinets
A conspiracy theory speculated that the cabinets in question were in fact missing children who coulβ¦
Hayley Peterson Β Β
Chief diversity officers at companies like Wayfair and LinkedIn share strategies for getting into the field
DEI is a growing field. The hiring of new diversity chiefs of companies listed on the S&P's 500 indβ¦
Marguerite Ward,Aman Kidwai Β Β
A girl falsely believed to be a victim of the fake Wayfair sex-trafficking ring says she had hives, lost sleep over the conspiracy theory
False claims about the furniture company, which were created by a QAnon influencer, went viral on sβ¦
Kieran Press-Reynolds Β Β
Student-loan holders will soon have $300 less to spend each month. That could be bad news for Target and Dick's.
Most retailers will see softer sales after loan payments resume, analysts say. Walmart, dollar storβ¦
Dominick Reuter Β Β
Wayfair crashes 31% as the online furniture retailer says it lost more than 5 million customers last year and posts wider quarterly loss
Wayfair, like other retailers, saw a boom in customers during the height of the pandemic. Now that β¦