Tag: Wayfair Inc
Banks keep high rates inspired by now-dead CFPB rule
The New York Stock Exchange is seen during morning trading on July 31, 2024 in New York City. Michael M. Santiago | Getty Images News | Getty ImagesLa [...]
Trump tariffs on Vietnam could raise prices for shoes, furniture, toys
File: workers at the Maxport factory, which makes activewear for various textile clothing brands, in Hanoi. Nhac Nguyen | Afp | Getty ImagesRetailers [...]
Wayfair to exit Germany, cut 730 jobs in latest layoffs
Wayfair is exiting the German market and plans to cut as many as 730 jobs, or about 3% of its global workforce, as it looks to focus on new growth dri [...]
Big Lots bankruptcy, plans sale and store closures
A Big Lots store in Los Angeles, Sept. 7, 2024. Discount home goods retailer Big Lots Inc. filed for Chapter 11 bankruptcy protection on Sept. 9, 2024 [...]
Wayfair (W) earnings Q2 2024
The first Wayfair brick-and-mortar store prepares to open on May 02, 2024 in Wilmette, Illinois. Scott Olson | Getty ImagesOnline home goods company W [...]
Wayfair to open first large store outside of Chicago
Wayfair store in Wilmette, Illinois.Courtesy: WayfairWhat retail apocalypse?Online home goods retailer Wayfair is opening its first namesake store, ne [...]
NRF rejects Shein membership as retailer pursues U.S. IPO
A sign hangs outside the Shein warehouse in Whitestown, Indiana, on Nov. 29, 2023.Scott Olson | Getty ImagesChinese-founded fast fashion behemoth Shei [...]
What we know about the consumer so far
A customer walks through The Home Depot store on February 20, 2024 in Austin, Texas. Brandon Bell | Getty ImagesThe state of the consumer in 2024 is a [...]
Wayfair (W) earnings Q1 2024
Wayfair's sales slid during its first quarter, but the online furniture retailer reduced its losses after cutting 13% of its workforce at the start of [...]
Canada Goose to cut 17% of its corporate workforce
Canada Goose parkas hang on display at a store in Richmond Hill, Ontario.Chris So | Toronto Star | Getty ImagesCanada Goose said Tuesday that it will [...]
Home goods retailer to cut 1,650 employees
Wayfair is cutting 13% of its global workforce as the digital home goods retailer continues its efforts to trim down its structure, cut out layers of [...]
Wayfair (W) earnings report Q3 2023
Wayfair IPO on the floor of the New York Stock Exchange.Lucas Jackson | ReutersWayfair is inching closer to profitability, but its third-quarter resul [...]
Retailers are losing $100 billion a year from fraud: Riskified
Oscar Wong | Getty ImagesFor the last three years, Robert has used a different email address to take advantage of a Black Friday Hulu promotion that m [...]
Bed Bath & Beyond, Foot Locker and more
Niraj Shah, CEO, WayfairAshlee Espinal | CNBCCheck out the companies making headlines in midday trading.Foot Locker — The retail stock surged more tha [...]
Don’t bet against short sellers in this market, Jim Cramer warns
CNBC's Jim Cramer on Tuesday warned investors to avoid buying money-losing stocks in a bet against short sellers.The market went in favor of short-sel [...]