Tag: Wayfair

Best Wayfair Way Day Deals 2020: All the Best Deals, All in One Place

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Way Day is here! For today and tomorrow only, Wayfair is discounting everything from decor and furniture to tech items like robot vacuums and more. These deals won’t last long, and this might be your only chance to get well-priced tech home goods for a while, so start shopping. We’ve rounded up the best must-have items from this sale below so you don’t have to spend hours looking for what you need.

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  • Shop Area Rugs in the Way Day Sale
  • Shop Bedding in the Way Day Sale
  • Shop Bedroom Furniture in the Way Day Sale
  • Shop Curtains in the Way Day Sale
  • Shop Decor & Pillows in the Way Day Sale
  • Shop Dining Furniture in the Way Day Sale
  • Shop Kitchen & Small Electrics in the Way Day Sale
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Wayfair Names Fiona Tan Global Head of Customer and Supplier Technology

Wayfair Inc. (NYSE:W), one of the world’s largest online destinations for the home, today named Fiona Tan Global Head of Customer and Supplier Technology. Tan joins Wayfair with more than 25 years of experience leading technology teams at dynamic and fast-growing companies, including six years in executive leadership roles at Walmart overseeing technology and engineering. In her role at Wayfair, Tan will drive the continued growth of Wayfair’s world-class Engineering organization while setting the vision and strategy for the development of systems and technologies that shape customer and supplier experiences.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200909005333/en/

Wayfair Names Fiona Tan Global Head of Customer and Supplier Technology (Photo: Business Wire)

“We are thrilled to welcome Fiona to Wayfair as she brings with her extensive experience, technical depth and proven ability to scale teams and technology amid considerable growth,” noted Jim Miller, chief technology officer, Wayfair.

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Wayfair and Overstock Get Neutral Ratings From Bank of America

Shares of online home goods retailer Wayfair  (W) – Get Report and online retailer Overstock  (OSTK) – Get Report fell Friday after Bank of America analyst Ryan Gee downgraded the former to neutral from buy and initiated coverage of Overstock with a neutral rating.

Wayfair shares recently traded at $244.21, down 11.42%, and have soared 171% year to date. Overstock recently traded at $66.21, down 9.72%, and has skyrocketed 831% so far this year.

As for Wayfair, “another round of stimulus and Way Day in late September could fuel some short term acceleration, but tough comparisons loom in 2021,” Gee wrote in a commentary cited by Bloomberg.

Valuation is another issue, he said, noting that he company’s price-to-sales ratio stands near a five-year high. In addition, the download growth of Wayfair’s mobile app has stagnated following a jump in the second quarter, “suggesting business trends could

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