Wayfair is going all-in on brick-and-mortar as furniture shoppers prove hesitant to fully embrace eCommerce. The home goods online marketplace announced Thursday (May 23) the opening of its first large-format physical location in Wilmette, Illinois, occupying two stories and 150,000 square feet. “We are committed...
Several months back, Bed Bath & Beyond was not on anyone’s radar as a player in the 2023 holiday season. However, Overstock.com’s acquisition of the once-struggling retailer, which had gained favor among meme stock enthusiasts, is not just preserving its importance but also serving as...
As the vintage home furnishings market moves online, bespoke luxury brands are driving growth. In fact, today’s vintage furniture sellers are tapping into demand for high-end, one-of-a-kind pieces and are using online marketplaces to reach a global audience. What’s more, in the clogged-up supply chains...
Where once there was a liquidator that morphed into a mixed merchandise retailer, the Overstock.com of late 2022 is using the tools of the digital retail trade to complete its transition to a home-focused eCommerce operation tapping social and mobile to steady the ship. Speaking...
December 20, 2022
As the vintage home furnishings market moves online, bespoke luxury brands are driving growth. In fact, today’s vintage furniture sellers are tapping into demand for high-end, one-of-a-kind pieces and are using online marketplaces to reach a global audience. What’s more, in the clogged-up supply chains of post-pandemic international commerce, “having something that is right there […]
January 16, 2019
Chairish Inc., the San Francisco-based parent company of high-end vintage furniture site Chairish and interior designer-focused online marketplace DECASO, today (Jan. 16) added a new brand to its family: Dering Hall. Founded seven years ago,...
August 02, 2018
Wayfair Inc., the home furnishings e-Commerce retailer, reported record-breaking revenue during the second quarter, when the company launched its first-ever online Way Day sale and continued enhancements in its efforts...
August 01, 2024
Wayfair saw its quarterly sales dip amid continued pressure on home goods consumers. “Customers remain cautious in their spending on the home, and our credit card data suggests that the category correction now mirrors the magnitude of the peak to trough decline the home furnishing space experienced during the great financial crisis,” Wayfair Co-founder, Co-chairman and CEO […]
November 16, 2022
Apparel retailer TJX reported an increase in sales Wednesday (Nov. 16), a development the company’s CEO attributed to consumers “treasure hunting” for the chain’s off-price offerings. “Looking forward, while not immune to...
June 01, 2020
With its store closing sales set to start after retail locations can safely open again, Pier 1 Imports, Inc. said it has received the green light from the U.S. Bankruptcy...
February 18, 2020
With a move that could change how shoppers buy merchandise, IKEA is allowing consumers to essentially pay with their time. IKEA Dubai is launching a campaign that will let shoppers...
