Tag Archives: AllModern

Oblak Tabbed as Wayfair GM

Steve Oblakw

BOSTON—Wayfair has promoted Steve Oblak to senior vice president and general manager of wayfair.com, the retailer’s flagship e-commerce brand. Oblak’s appointment to this newly created position puts him in charge of strategy and execution for the wayfair.com brand. He reports directly to Niraj Shah, Wayfair’s CEO and co-founder. Oblak has been with Wayfair for almostMore »

Last updated: April 2, 2014

Wayfair Debuts Designer Trade Services

Wayfair.com

BOSTON-Home furnishings website Wayfair has launched Wayfair Designer Trade Services, a program that offers designers access to products available from wayfair.com, AllModern and DwellStudio. The new membership service enables designers, interior decorators and other trade professionals to shop across more than 7 million products and 12,000 brands. It also provides exclusive volume discounts; loyalty rewards;More »

Last updated: March 19, 2014

Wayfair Raises $157 Million in Financing

Wayfair.com

BOSTON-Online retailer Wayfair has raised $157 million in equity financing as it seeks to invest in its portfolio of home brands. The company obtained the cash through Series B financing, which is the second round of financing for a business from private-equity investors or venture capitalists. It was led by funds and accounts managed byMore »

Last updated: March 10, 2014

Wayfair Posts 55 Percent Revenue Increase for 2013

Wayfair.com

BOSTON-Online home retailer Wayfair reported total 2013 revenue of $915 million, 55 percent ahead of 2012’s revenue, according to a company statement. The company benefited from steady growth in its home brands throughout last year, along with strong holiday sales in the fourth quarter. Niraj Shah, CEO and Wayfair’s co-founder, said the company had expectedMore »

Last updated: January 31, 2014