Wayfair has a fantastic business model. It sells completely online, so it doesn't need to invest in costly real estate for showrooms. The digital platform also opens it up to a huge market of the ...

An unproven business model. Wayfair went public in 2014, but it's important to remember that the company has failed to produce meaningful free cash flow except during the period when demand ...

Shares of furniture e-commerce company Wayfair (NYSE: W) dropped like a rock on Thursday after the company closed 2022 with a stunning net loss of over $1.3 billion. As of 2 p.m. ET, Wayfair stock ...

“The main reason that Wayfair is looking at physical stores is, quite bluntly, because its business model doesn’t work really well,” said Neil Saunders, managing director of GlobalData, a ...

Wayfair lays off nearly 200 Massachusetts workers 00:12. Wayfair laid off about 170 Massachusetts-based employees on Friday, saying the layoffs are part of a "major transformation to modernize our ...

Wayfair announced Friday that it was exiting its German business, which will affect approximately 730 employees, about half of whom are expected to relocate to other corporate offices.

PITTSFIELD — Three years after opening a customer call center in Pittsfield, Wayfair has decided to close it, cutting costs amid a companywide retrenchment.. The Boston-based online retailer said ...

Wayfair said it would cut 340 jobs and use generative artificial intelligence to increase productivity following the company’s transfer of its technology resources to a cloud-computing environment.

An unproven business model. Wayfair went public in 2014, but it's important to remember that the company has failed to produce meaningful free cash flow except during the period when demand ...