| Market Capitalization (Millions $) |
13,125 |
| Shares
Outstanding (Millions) |
132 |
| Employees |
12,800 |
| Revenues (TTM) (Millions $) |
12,904 |
| Net Income (TTM) (Millions $) |
-321 |
| Cash Flow (TTM) (Millions $) |
-322 |
| Capital Exp. (TTM) (Millions $) |
103 |
Business Description
Wayfair Inc. is an American e-commerce company that sells home goods and furniture. The company was founded in 2002 and is headquartered in Boston, Massachusetts. Wayfair is one of the largest online furniture retailers in the world, with a revenue of $14.1 billion in 2020. The company offers more than 18 million products from over 16,000 suppliers across various categories, including furniture, decor, bedding, kitchen, outdoor, appliances, and lighting.
Wayfair operates under multiple brands, including Wayfair, Joss & Main, AllModern, Birch Lane, and Perigold. These brands cater to different customer segments and price points, with Wayfair being the most popular and affordable brand, and Perigold being the luxury brand.
The company's business model is based on a drop-ship model, where it does not hold inventory but instead partners with suppliers who ship products directly to customers. This allows Wayfair to offer a vast selection of products and reduce inventory costs.
Wayfair has a strong online presence and uses technology to enhance the customer experience. The company's website offers various features such as 3D product imaging, augmented reality, and a virtual room planner that helps customers visualize their space with Wayfair products.
In addition to its online presence, Wayfair has expanded its presence offline by opening brick-and-mortar sales centers and pop-up shops. The company also launched a mobile app that allows customers to shop on-the-go and receive personalized recommendations based on their browsing history.
Wayfair has been recognized as one of the best places to work in the US, with a culture of inclusivity and innovation. The company has been actively involved in social responsibility initiatives, including environmental sustainability and community involvement.
Overall, Wayfair Inc. is a successful e-commerce company that has revolutionized the furniture industry. With its vast selection of products, strong online presence, and innovative use of technology, Wayfair has become a household name for home goods shopping.
Company Address: 4 Copley Place Boston, 2116 MA
Company Phone Number: 532-6100 Stock Exchange / Ticker: NYSE W
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4.35% 
163.03 %