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Digital home goods retailer Wayfair is cutting 13% of its global workforce as it looks to trim down its structure, cut layers of management and reduce costs.

1 Stock Down 82% That Could Soar in 2024

06:30am, Saturday, 13'th Jan 2024
Wayfair might be on the cusp of a turnaround after nine quarters of declining sales. It's been implementing a cost-savings program, but it's facing challenging macroeconomic headwinds.
We have narrowed our search to five e-commerce stocks with strong potential for 2024. These are: AMZN, W, ROVR, GRPN, DIBS.
Over the next week, all eyes will be on a slew of financial companies, with reports expected from J.P. Morgan, Morgan Stanley and Goldman Sachs.
Wayfair (W) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

New Strong Buy Stocks for January 5th

08:16am, Friday, 05'th Jan 2024
ORGO, CALM, W, NET and EVH have been added to the Zacks Rank #1 (Strong Buy) List on January 5, 2024.
If you're looking for consumer stocks to avoid, look no further than the ProShares Online Retail ETF (NYSEARCA: ONLN ). As its name implies, the ETF tracks the performance of the ProShares Online Reta
Wayfair (W) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading a

Wayfair Doesn't Need A Chinese Buyout

05:27pm, Friday, 29'th Dec 2023
Wayfair Inc. is struggling to stabilize sales post-Covid, but the company is optimistic about its potential for returning to double-digit growth. A potential buyout by a Chinese retailer is unlikely d
Shein or Temu reportedly could be potential merger partners for Wayfair. Either of the two Chinese-founded eCommerce companies could be a good fit for a merger with the Boston-based home goods retaile
“Working long hours, being responsive, blending work and life, is not anything to shy away from. There is not a lot of history of laziness being rewarded with success.
Wayfair is back to being profitable, CEO Niraj Shah wrote in an email obtained by Business Insider. Shah also told employees to be frugal and open to working long hours.
W's impressive performance, beating EBITDA estimates significantly, showcases its strong competitive position and substantial market share gains despite a challenging industry climate. Growth should b
Wayfair (W) reported earnings 30 days ago. What's next for the stock?
Amazon.com, Inc. (AMZN), Travelzoo (TZOO), Wayfair Inc. (W), Tripadvisor, Inc. (TRIP) and Target Corporation (TGT) are benefiting from the dominance of e-commerce.
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