Wayfair has faced significant challenges in expanding its market presence and enhancing unit economics in Germany.

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.

While the home furnishings category may manage a slight comeback this year, Wayfair has more challenges than most.

The new layoffs follow close to 4,000 jobs cut across the company last year ... not grown as quickly in Germany as in other markets, Wayfair said. “In our recent assessment, we concluded that ...

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 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 ...

US-based online furniture retailer Wayfair is withdrawing from the German market, impacting hundreds of jobs in the country. The decision comes as the company navigates the lingering effects of ...