The cuts follow thousands of jobs eliminated across the online furniture seller worldwide over the past two years.

Budget-furniture seller Wayfair (W) is shifting its focus toward physical retail stores and North American markets as it cuts ...

Wayfair announced on Friday that it was leaving the German market after 15 years, citing lagging sales compared to Britain ...

Wayfair has decided to exit the German market. The company will now focus on its more established international markets, ...

Wayfair is exiting Germany, where it has operated for 15 years, after failing to turn the company “into a household brand” in ...

Wayfair stock fell Friday morning after the online furniture seller said it was shutting down its business in Germany and ...

Promising review: "Got this for my little coffee nook. It is extremely durable! Each shelf easily holds a decent amount of ...

Investing.com -- Shares of Wayfair (NYSE: W) rose 4.8% in pre-open trading Friday after the online home goods retailer announced its immediate exit from the German market. The move comes as part of a ...

Shares of the U.S.-based company were up about 4% in premarket trading. Following the restructuring in Germany, Wayfair expects to take charges of about $102 million to $111 million consisting of ...

The retailer plans to reinvest the savings from the move into expanding its physical footprint, growing its loyalty program ...