Wayfair
This coverage focuses on Wayfair’s strategic direction, operational performance, and presence within the UK retail market. Reporting includes updates on store openings and closures, product range developments, marketing campaigns, leadership changes, and sustainability initiatives — providing retail professionals with insights into the brand’s positioning, commercial strategies, and influence within the online home goods sector.
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Jul- 2024 -26 JulyNews
Today’s news in brief-26/7/24
Boohoo has introduced “Boohoo Brands” a new marketplace featuring over 200 labels including luxury brands like Alexander McQueen and Gucci. This move aims to consolidate its position as a leading fashion and lifestyle destination, leveraging partnerships to enhance customer choices. THG plans to cut 171 jobs across multiple divisions while…
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26 JulyDIY
Wayfair UK profits dip in FY23 despite cutting workforce by third
The UK arm of Wayfair has seen profits dip in its full-year results, despite cost-cutting plans that included reducing its workforce, newly filed documents have shown.In the year ended 31 December 2023, profit-before-tax fell by 3% to £2.64m, down from £2.73m the prior year. In addition, sales fell by 17%…
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Apr- 2023 -28 AprilHigh Street
Gap to lay off 1,800 jobs as part of restructuring plan
Gap Inc is set to eliminate approximately 1,800 jobs from its global workforce as part of a broad restructuring plan, which is expected to save the retailer an extra $300m (£240.9m) annually. In a statement, the company said yesterday (27 April) that this is part of a plan outlined in…
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Jan- 2023 -24 JanuaryDIY
Wayfair to cut 10% of global workforce amid cost saving plan
Furniture retailer Wayfair has announced a 10% reduction in its global workforce, equivalent to around 1,750 employees as part of its new cost efficiency plan. Wayfair said this includes approximately 1,200 or 18% of corporate employees and reflects efforts to eliminate management layers and reorganise to be more agile. Including…
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Jun- 2022 -27 JuneOnline & Digital
Wayfair launches in Ireland
Home furnishing e-tailer Wayfair has announced that it has launched in Ireland, offering its wide range of products from reportedly 4,000 suppliers to Irish shoppers. The website is reportedly packed with helpful tech features such as “lists” and “View In Room”, which is available on its iOS and Android app.…
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Feb- 2022 -21 FebruaryOnline & Digital
Wayfair strengthens technology leadership team
Wayfair Inc. has announced that Ashwin Rao has joined the company as chief science officer, and Niraj Nagrani as vice president of global supplier marketplace, pricing, catalogue and merchandising technologies. Both leaders will report to Wayfair’s incoming chief technology officer, Fiona Tan, and they join Wayfair’s bench of technologists across…
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Jan- 2022 -28 JanuaryNews
Wayfair names Fiona Tan as new CTO
Wayfair has announced the appointment of Fiona Tan as chief technology officer (CTO). Tan will succeed Jim Miller on 1 March with Miller staying on for a transition period leading up to his retirement at the end of June. Tan joined Wayfair in 2020 as global head of Customer and…
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Jan- 2021 -26 JanuaryOnline & Digital
US investor eyes Notonthehighstreet takeover
Great Hill Partners, a US-based investment company, is reportedly in “advanced talks” to buy the online personalised gifts retailer, Notonthehighstreet. According to Sky News, the investor, who already backs the online home furnishings firm Wayfair, will reportedly have to part ways with roughly £150m to complete the takeover. While it…
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Aug- 2018 -3 AugustAdvice
How to future proof your SEO strategy in a voice search world
By 2020, 50% of all searches will be done via a virtual assistant or voice search device. In 2015, the year of Comcast’s survey, this prediction seemed almost far-fetched. Not so today. Mobile and voice search are currently the top two SEO search terms [Buzzsumo]. Voice search in particular has…
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