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Tag: wayfair

Wayfair shares surge 37% as coronavirus drives sales of office furniture

Niraj Shah, CEO, Wayfair Ashlee Espinal | CNBC Wayfair shares surged more than 37% Monday after the online furniture company said its business is booming, as people furnish their home offices or decorate while they are shut in during the coronavirus pandemic.  Wayfair said in a press release that when it entered March, gross revenue growth …

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Wayfair (W) reports fourth-quarter 2019 earnings miss

A Wayfair employee works at his desk at the Boston headquarters of Wayfair on July 31, 2018. Suzanne Kreiter | Boston Globe | Getty Images Wayfair‘s stock tanked Friday morning, after the online furniture retailer’s losses widened more than expected during the holiday quarter. Its shares were recently down more than 15% in premarket trading. …

Wayfair (W) reports fourth-quarter 2019 earnings missRead More

Online furniture retailer Wayfair cuts 3% of workforce, stock skids

A Wayfair employee works at his desk at the Boston headquarters of Wayfair on July 31, 2018. Suzanne Kreiter | Boston Globe | Getty Images Wayfair is cutting about 3% of its workforce, or roughly 500 jobs, a spokeswoman said Thursday. The online furniture retailer, which has more than 17,000 employees globally, said those affected …

Online furniture retailer Wayfair cuts 3% of workforce, stock skidsRead More

Wayfair launches new hybrid cloud strategy – without AWS

Wayfair is looking to better scale its operations by moving to the cloud. The digitally native home furnishings giant is using Google Cloud as the foundation to support its migration to a hybrid cloud strategy. Wayfair debuted its hybrid cloud strategy in April 2019 to support the retailer’s 36-hour annual “Way Day” online sales event.  …

Wayfair launches new hybrid cloud strategy – without AWSRead More

Wayfair launches new hybrid cloud strategy – without AWS

Wayfair is looking to better scale its operations by moving to the cloud. The digitally native home furnishings giant is using Google Cloud as the foundation to support its migration to a hybrid cloud strategy. Wayfair debuted its hybrid cloud strategy in April 2019 to support the retailer’s 36-hour annual “Way Day” online sales event.  …

Wayfair launches new hybrid cloud strategy – without AWSRead More

Wayfair employees in walkout over sales to Texas detention camp |Chain Store Age

News Get all the latest industry news in your inbox. Online home furnishings retailer Wayfair is embroiled in controversy over its apparent sale of bedroom furniture to the operator of facilities for migrant children detained at the Texas border. Using the hashtag #BoycottWayfair, customers and some businesses took to Twitter to announce they were canceling …

Wayfair employees in walkout over sales to Texas detention camp |Chain Store AgeRead More