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

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 ...

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

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 ...

Mizuho Securities analyst David Bellinger has maintained their bullish stance on W stock, giving a Buy rating on January 10.Stay Ahead of the ...

Co-founder and CEO Naraj Shah said while Wayfair has found success in Britain, the same has not followed in Germany and the decision has been made to reallocate resources where future growth ...

The company said, “As we begin the new year, I want to share an update regarding our business. After careful consideration, we made the ...

Wayfair has shut down its operations in Germany, effective immediately, with $111 million allocated for restructuring. This will affect about 730 employees. Quantum computing company D-Wave (QBTS ...

Wayfair CEO and co-founder Niraj Shah said in a memo to employees: “Germany has been an important part of our journey for the past 15 years, serving as one of our original entry markets into ...