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New York CNN —Online furniture and home furnishings seller Wayfair is set to open its first-ever namesake store next month, the company announced Thursday. It will also feature an onsite restaurant called “The Porch,” the company said, taking a page out of Ikea’s store setup. Furniture stores need to always be advertising, Saunders added, because people generally don’t buy furniture very often. This is particularly important in furniture and finishings where people like to see and try out products before buying,” Saunders said. “If this store is successful then it could be the start of wider physical expansion for Wayfair,” Saunders said.
Persons: Joss, , Neil Saunders, Saunders, Wayfair, it’s, Niraj Shah, Wayfair “, “ It’s, ” Saunders Organizations: New, New York CNN —, GlobalData Locations: New York, Edens, Wilmette , Illinois
New York CNN —Wayfair is laying off 1,650 employees, amounting to 13% of its global workforce, as the online home goods retailer struggled to rebound following its success amid pandemic lockdowns. “I believe we need to stay focused as a company on what committed small teams can accomplish,” Shah wrote Friday. All workers will receive an email Friday about their future with the company and severance will be offered to those affected. Late last year, Wayfair’s Shah garnered attention for his blunt year-end letter to his employees telling them to blend work and life together. Shah also encouraged Wayfair employees to think of the company money they spend as their own and negotiate prices.
Persons: New York CNN —, Niraj Shah, Wayfair “, Shah, , ” Shah, Wayfair, Wayfair’s Shah, , CNN’s Nathaniel Meyersohn Organizations: New, New York CNN Locations: New York, Boston
By Buy Side StaffWayfair’s sitewide sale event, Way Days, is back, which means you can save big on an impressive variety of furniture, rugs, lighting, decor, cookware and more essentials for your home. FurnitureA wide variety of furniture is on sale during Way Days, whether you’re looking for a new sofa, a more comfortable desk chair for your home office or a media console with ample storage. Way Days includes impressive markdowns on both standing and wall-mounted mirrors, plus sheer and blackout curtains. Shop impressive deals on Moroccan and jute rugs, as well as geometric statement makers. Glasslock Glass Food Storage Container, Set of 18 $95 at WayfairHoliday decorGet into the holiday spirit with this seasonal decor while it’s marked down for Way Days.
Persons: Wayfair’s, Novogratz, Joss, Wayfair, Le Locations: Moroccan
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For these two days, take 25% off select items as well as 15% off select beauty products by using the code CYBER at checkout. Everlane Best of SaleThe deal: Various discounts sitewideLooking to add some classic summer essentials to your wardrobe for the warmer weather? Lands’ End High-Summer SaleThe deal: 50% offHeading to the beach and need a new swimsuit? Our Place Summer SaleThe deal: 20% off select itemsFrom now through July 12, upgrade your cookware collection and take 20% off select items from Our Place for its Summer Sale. Sephora Top Skincare SaleThe deal: Up to 50% off top skincare itemsYou can save up to 50% off top skincare picks through July 15.
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Wayfair’s Way Day Sale: What to Buy, According to Expert Shoppers
  + stars: | 2023-04-26 | by ( ) www.wsj.com   time to read: +7 min
By Buy Side StaffWayfair’s Way Day Sale is happening now, which means tons of furniture, decor, cookware and more home essentials are deeply discounted. All-Season ComforterIf you’re ready to upgrade your comforter, these two are part of the Way Day sale. Right now the light grey color is down to $700, well below the $1,250 price we’ve tracked in the past. And during Way Day the white version is marked down to $124, nearly 40% less than it was during Wayfair’s last big sale. Large, understated mirrorA strategically placed mirror is a great way to make your space feel larger, and this Ivy Bronx model is a great way to do so without drawing attention to the mirror itself thanks to the simple frame.
Wayfair Inc. is preparing to lay off more than 1,000 workers, according to people familiar with the matter, as the online furniture seller confronts shrinking sales after a pandemic-driven boom. Wayfair’s restructuring, the second round of layoffs in six months, is expected to affect more than 5% of the workforce at the Boston-based company. Wayfair said in August it was cutting about 870 jobs, or about 5% of its global workforce.
This story is part of Select's New & Notable column, where we highlight our favorite product launches, major sales, what we're buying and some of our latest recommendations and advice. This week, we’ve got Google’s new devices, meal prep containers from Pyrex, two new shoe styles from Rothy’s and more. Amazon’s Prime Early Access Sale is Oct. 11-12, Wayfair’s 5 Days of Deals runs through Oct. 11, Bed Bath & Beyond’s Beyond Big Sale is Oct. 11-16 and Walmart is offering rollbacks Oct. 10-13. Lululemon introduced Lululemon Studio, a new fitness service available exclusively on the Lululemon Studio Mirror, although the service also gives you access to an app after you purchase the Mirror. Additionally, if you’re a frequent Lululemon shopper, you can now join the brand’s membership program for free to unlock shopping perks, early access to product launches, access to select Lululemon Studio classes and more.
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