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

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

The retailer plans to reinvest the savings from the move into expanding its physical footprint, growing its loyalty program and other initiatives.

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 ...

In a report released yesterday, Simeon Gutman from Morgan Stanley maintained a Buy rating on Wayfair (W – Research Report), with a price target ...

Wayfair will lay off 730 employees as it exits the German market to concentrate on its core businesses. The company expects ...

Despite years of effort, online sales and awareness of its brand have not grown as quickly in Germany as in other markets, Wayfair said. “In our recent assessment, we concluded that achieving ...

The decision comes after evaluating the company’s performance and market conditions in Germany, where progress was slower than in other regions. Wayfair’s efforts in Germany lagged due to ...

Wayfair is exiting Germany and plans to cut as many as 730 jobs, or 3% of its global workforce. The online home goods company wants to reprioritize investments and sees a better return on other ...