Tag Archives: Wayfair

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

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 Launches Birch Lane Brand

Wayfair.com

BOSTON-Wayfair is debuting Birch Lane, a new lifestyle brand geared toward what the home furnishings web retailer described as “classic style and timeless home design.” The new brand has its own website, birchlane.com. Its merchandise includes furniture, lighting, rugs, window treatments, bedding, tabletop and decor targeted at bedrooms, dining rooms, living rooms and home offices.More »

Last updated: March 26, 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