Tag Archives: Wayfair

DwellStudio to Relaunch Furniture Line

DwellStudio

HIGH POINT, N.C.–DwellStudio announced at High Point Market that it will relaunch its furniture collection, shifting its partnership with Precedent to four other companies, whose names will be announced in the next few months. Backed by its owner, online retailer Wayfair, DwellStudio will be able to offer a more affordable line—in some cases, 40-50 percentMore »

Last updated: October 20, 2014

Wayfair IPO Closes

Wayfair.com

BOSTON-Wayfair has closed its initial public offering of 12.65 million shares of its class A common stock at $29 per share. This included 1.65 million shares purchased by the underwriters exercising their option to buy additional shares. A total of 10.5 million shares were sold by Wayfair, and 2.15 million shares were sold by certainMore »

Last updated: October 8, 2014

Wayfair Prices IPO at $29 Per Share

Wayfair.com

BOSTON-Wayfair has priced its initial public offering of 11 million shares of class A common stock at $29 per share. The online home furnishings retailer announced its IPO in August, and the shares are expected to begin trading today on the New York Stock Exchange, under the symbol “W.” Wayfair is offering 10.5 million sharesMore »

Last updated: October 2, 2014

Wayfair IPO Could Garner Up to $308 Million

Wayfair.com

BOSTON-Wayfair’s initial public offering could bring in up to $308 million in proceeds, according to a filing by the Internet retailer with the U.S. Securities and Exchange Commission. The offering involves 11 million shares, with an estimated price of between $25 and $28 a share, the filing said. According to press reports (unconfirmed by WayfairMore »

Last updated: September 23, 2014

Wayfair Files for IPO

Wayfair.com

BOSTON-Online home retailer Wayfair has filed for an initial public offering with the U.S. Securities and Exchange Commission. The number of shares the company will offer, the portion of the shares to be sold by Wayfair and existing stockholders, and the price range for the IPO have yet to be determined, according to a WayfairMore »

Last updated: August 18, 2014

Wayfair Among Fastest-Growing Retailers on Stores List

Wayfair.com

WASHINGTON-Online home retailer Wayfair finished number two on Stores magazine’s 2014 list of the nation’s fastest-growing retailers. The company’s sales for 2013, which totaled $915 million, were 52.5 percent ahead of its sales for 2012, according to the list compiled by the magazine, which is a publication of the National Retail Federation. Finishing fourth onMore »

Last updated: August 4, 2014

Wayfair Names Naspers’ Rodrigues to Board

Romero Rodrigues

BOSTON-Romero Rodrigues, global CEO for comparison shopping at Naspers, has been appointed to Wayfair’s board of directors. Rodrigues oversees comparison shopping platforms in emerging markets for Naspers, a South African multinational mass-media company. He was also co-founder of Buscape Co., a digital commerce group of which Naspers acquired 91 percent in 2009. He also isMore »

Last updated: July 29, 2014

Wayfair Allies with HGTV on Program Integration

Wayfair.com

BOSTON-Wayfair has reached an agreement with HGTV for program integration on some of the home network’s shows, including “Brother vs. Brother” and “Flipping the Block.” According to a joint statement from the two companies, this integration is part of a broader partnership that unites HGTV’s home-design programming with the home-goods selection on wayfair.com. Through thisMore »

Last updated: July 9, 2014