Wayfair, an early e-commerce disruptor, wants to focus more on physical retail and has decided to exit the German market and ...
The cuts follow thousands of jobs eliminated across the online furniture seller worldwide over the past two years.
Budget-furniture seller Wayfair (W) is shifting its focus toward physical retail stores and North American markets as it cuts ...
Wayfair stock fell Friday morning after the online furniture seller said it was shutting down its business in Germany and ...
Wayfair is exiting Germany, where it has operated for 15 years, after failing to turn the company “into a household brand” in ...
Wayfair, the prominent U.S.-based e-commerce company specializing in home goods, has announced plans to reduce its global ...
However, despite these efforts, scaling our market share and improving our unit economics in the German market has proven ...
Wayfair announced on Friday that it was leaving the German market after 15 years, citing lagging sales compared to Britain ...
The retailer plans to reinvest the savings from the move into expanding its physical footprint, growing its loyalty program ...
The European stock markets closed lower in Friday trading as The Stoxx Europe was down 0.83%, Germany's DAX fell 0.47%, the FTSE in London dropped 0.86%, France's CAC lost 0.79%, and the Swiss Market ...
Investing.com -- Shares of Wayfair (NYSE: W) rose 4.8% in pre-open trading Friday after the online home goods retailer announced its immediate exit from the German market. The move comes as part of a ...