Germany, Wayfair

Wayfair Is Exiting Germany, Cutting 730 Jobs. The Stock Falls.
Wayfair stock fell Friday morning after the online furniture seller said it was shutting down its business in Germany and cutting a little over 700 jobs in a bid to focus on more profitable growth areas.
Wayfair pulling out of Germany, cutting hundreds more jobs
The cuts follow thousands of jobs eliminated across the online furniture seller worldwide over the past two years.
Wayfair to exit Germany, cut 730 jobs as it looks to focus on physical retail
Wayfair, an early e-commerce disruptor, wants to focus more on physical retail and has decided to exit the German market and cut 730 jobs as a result.
Wayfair to leave German market, cut 730 jobs
The company said, “As we begin the new year, I want to share an update regarding our business. After careful consideration, we made the
Wayfair announces departure from German market
Wayfair announced on Friday that it was leaving the German market after 15 years, citing lagging sales compared to Britain and "weak macroeconomic conditions" in the country.
Wayfair exits German market
However, despite these efforts, scaling our market share and improving our unit economics in the German market has proven challenging due to factors
Wayfair Exits German Market Amid Restructuring Efforts
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Wayfair decides to exit the German market due to challenging conditions
Wayfair Inc. (NYSE:W) announced on Friday its decision to exit the German market. The online retailer said the pullout from Germany will be effective immediately. "Since Covid, and in particular over the past year,
Online furniture retailer Wayfair to lay off 730 workers on its exit from Germany
Online furniture retailer Wayfair said on Friday it would lay off 730 employees as it exits the German market to focus on ...
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Wayfair Closes German Business to Focus on Other International Markets
Wayfair is exiting Germany, where it has operated for 15 years, after failing to turn the company “into a household brand” in ...
Wayfair price target raised to $51 from $44 at BofA
BofA raised the firm’s price target on Wayfair (W) to $51 from $44 and keeps a Neutral rating on the shares. The firm notes that on Friday, ...
Wayfair eyes physical retail as it slashes over 700 jobs
Budget-furniture seller Wayfair (W) is shifting its focus toward physical retail stores and North American markets as it cuts ...
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Wayfair and Google Cloud Announce Expanded Partnership to Transform Online Retail with Gemini
Wayfair and Google Cloud today announced an expanded partnership to significantly enhance the online retailer's product catalog with Google's advanced Gemini models on Vertex AI and to improve ...