Wayfair narrows losses even as revenue falls 2% in Q3

Quick Summary:

The retailer continues to face softened demand, but has been launching initiatives it hopes will drive long-term growth, CEO Niraj Shah said.

For that reason, we didn't see the traction we wanted with that.

We're not just aiming for short-term gains, but building long-lasting relationships with our customers that will be accretive on both the top and bottom lines.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Caroline Jansen

Category: EconomyBusiness

Markets: United States

Topics: Continues Myway Initiatives Customer Retailer Shah Program Year Rewards Loyalty Wayfair

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-01 @ 12:29:00 (17 hours ago)

News Timezone: GMT +8:00

News Source URL: retaildive.com

Language: English

Article Length: 400 words

Reading Time: 3 minutes read

Sentences: 13 lines

Sentence Length: 31 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Retail Dive

News ID: 23365774

View Article Analysis

About Retail Dive

Main Topics: EconomyBusiness

Official Website: retaildive.com

Update Frequency: 4 posts per day

Year Established: 2012

Headquarters: United States

News Last Updated: 18 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #56

Publisher Details

Frequently Asked Questions