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75.46000 USD
0.97
1.30%
Last update Aug 28, 3:59 PM EDT
Market closed
Day range
74.20000
75.69000
Previous close
74.49000
Open
75
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Wayfair Inc.
75.46
0.97
1.30%

Overview

Description

Wayfair Inc. is an e-commerce company specializing in the sale of home goods and furnishings. Primarily functioning as an online retail platform, Wayfair offers a vast array of products encompassing furniture, decor, kitchenware, and lighting. It operates through several brand websites, including Wayfair.com, Joss & Main, AllModern, Birch Lane, and Perigold, each catering to different style preferences and price points. Wayfair's business model prioritizes a seamless shopping experience, leveraging advanced logistics and data-driven insights to manage its extensive inventory and optimize delivery speed. Serving a diverse customer base, from individual shoppers to interior design professionals, Wayfair plays a significant role in the home furnishings market. The company's innovative use of technology, such as augmented reality (AR) features and machine learning, sets it apart, enabling customers to visualize products in their own spaces before purchasing. Wayfair's position in the market highlights the dynamic shift towards online shopping within the home goods sector, impacting traditional retail channels and influencing consumer purchasing behavior across the United States and beyond.

About

CEO
Mr. Niraj S. Shah
Employees
12100
Address
4 Copley Place
7th Floor
Boston, 02116, MA
United States
Phone
617 532 6100
Website
Instrument type
Common stock
Sector
Consumer Cyclical
Industry
Internet Retail
Country
United States
MIC code
XNYS
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