Tag: Wayfair Inc
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 [...]
Stitch Fix shares sink after company announces layoffs, offers weak guidance
Stitch Fix said Thursday that it is laying off 15% of salaried positions within its workforce, mostly in corporate roles and styling leadership positi [...]
U.S. job market divide boosts some workers’ prospects, puts others on notice
A help wanted sign is displayed in the window of a Brooklyn, New York business.Spencer Platt | Getty ImagesCracks are forming in the U.S. labor market [...]
Stock market’s dismal performance is ‘part of the fight against inflation,’ Jim Cramer says
CNBC's Jim Cramer said Wednesday that while the hot consumer price index suggests the Federal Reserve is losing in its struggle against inflation, the [...]
E-commerce stocks plummet as consumers pull back online spending
The Etsy websiteGabby Jones | Bloomberg | Getty ImagesShoppers are eager to head back to brick-and-mortar stores, while inflation is stoking fears tha [...]
Robinhood, Chewy, RH, Lululemon and more
Vlad Tenev, CEO and co-founder Robinhood Markets, Inc., is displayed on a screen during his company’s IPO at the Nasdaq Market site in Times Square in [...]