Wayfair’s Big Moment
Though eCommerce often draws the sort of breathless praise of reporters, analysts and commentators that leads to terms like “wave of the future” or “the death of traditional retail” being thrown around...
View ArticleWayfair: Not Scared Of Short Sellers
The CEO of home good eCommerce up-and-comer Wayfair.com is shrugging off the recent machinations of short-sellers that have made the company their new favorite target. Niraj Shah says that despite...
View ArticleWayfair Goes Urban
Wayfair has released six new exclusive brands of home furnishings, and one of them is aimed at making apartments in cities seem a little more homey. “When shopping for home furnishings and décor, we...
View ArticleWayfair Driving Repeat Customers
The 2015 financial results from Wayfair are pretty positive, particularly in the area of sales driven by returning customers. The online home furnishings and decor retailer recently released its...
View ArticleWhy Wayfair Is Bullish On The Future
Wayfair does not agree with industry analysis portending a grim future for it. In a conversation with Jim Cramer, CNBC reports, Wayfair’s co-founder and CEO Niraj Shah, faced with the fact that the...
View ArticleWayfair’s Hiring Spree Rolls On
Evidence of a winning run at Wayfair Inc. rolls on, now as the firm scales up its hiring spree. On the HR docket is the hiring of 1,400 sales and call center employees. The expansion follows a big year...
View ArticleWayfair Revenue Soars While Earnings Disappoint
It was a mixed bag on Wayfair’s Q1 earnings call last week. Revenue was undeniably on the upswing, rising 76.1 percent year-over-year and well in excess of the $694.85 million Wall Street analysts were...
View ArticleWayfair Rolls Out New Display Ad Platform
Wayfair, an online home furnishing retailer, is launching a home-grown display display advertising platform to improve consumer targeting through customized messaging. The new platform, called...
View ArticleDoes Wayfair Have The Winning VR Use Case?
Virtual reality has gotten a lot of favorable press lately as an up and coming “next big thing in retail.” Big name brands from the North Face to Ikea have all thrown their hats into the ring, trying...
View ArticleWayfair Sees Sales Jump 72 Percent In Second Quarter
Wayfair, the online home furnishing retailer, has seen a big growth in its business over the past year, according to its Q2 2016 earnings call on Tuesday (Aug. 9). Wayfair announced that its direct...
View ArticleWayfair’s Latest VR Expansion
Wayfair is not exactly a stranger to enhanced and virtual reality. The eCommerce home furnishing firm made some headlines waves earlier this year for a high-tech mobile app that let users virtually...
View ArticleApple Pay Expanding On Wayfair In A Big Way
Wayfair got out of the gate early coming out of Apple‘s product event yesterday (Sept. 7), with the announcement that the online home furnishings shop will be supporting Apple Pay going forward....
View ArticleWayfair To Provide Customers Financing Through Affirm
Wayfair, an online destination for home furnishings and décor, announced Thursday (Oct. 27) a new, accessible financing option for its customers. In a press release, Wayfair said it entered into a...
View ArticleWayfair Earnings Grow In 3Q, Company Eyes Expansion
Home furnishings firm Wayfair’s earnings grew 53 percent in the latest quarter to $832 million, reported InternetRetailer.com. That growth came on the heels of continued expansion in areas as diverse...
View ArticlePYMNTS Daily Data Dive: Wayfair’s Q3 Growth
Home furnishings firm Wayfair’s earnings grew 53 percent to $832 million in the third quarter of 2016. Wayfair currently boasts 7.4 million active customers in 2016, up 60 percent year over year....
View ArticleWayfair Rearranges Shopping Experience With VR App IdeaSpace
Wayfair is rearranging the furniture and moving into the virtual reality (VR) space. The Boston-based, eCommerce-focused home furnishing site announced the launch of IdeaSpace, a VR app focused on...
View ArticleWayfair: Building For What’s Next In Commerce
Selling furniture online isn’t easy work — though the team at Boston-based Wayfair might make it appear otherwise. The firm has just come off another quarterly earnings report with a big jump in...
View ArticleWayfair’s View In Room Update Allows Users To Virtually Decorate Real Rooms
Wayfair’s newest upgrade to its mobile app will let users get a feel for what their items might potentially look like in their own homes. The newest upgrade — called View in Room — will let users...
View ArticleCredit Card, Wedding Registry Helps Wayfair In Q4
Wayfair, the online home furnishing retailer, benefited from its new wedding registry and private-label credit card in 2016. According to a report quoted by Internet Retailer, both initiatives enabled...
View ArticlePYMNTS’ Daily Data Dive: Wayfair Sales Up 60%
Thanks to consumers’ strong preference for eCommerce in 2016 and so far this year, Wayfair has seen its sales skyrocket. This is also due in part to the introduction of its wedding registry and...
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