Tag Archives: Wayfair

Wayfair Names Naspers’ Rodrigues to Board

Romero Rodrigues

BOSTON-Romero Rodrigues, global CEO for comparison shopping at Naspers, has been appointed to Wayfair’s board of directors. Rodrigues oversees comparison shopping platforms in emerging markets for Naspers, a South African multinational mass-media company. He was also co-founder of Buscape Co., a digital commerce group of which Naspers acquired 91 percent in 2009. He also isMore »

Wayfair Allies with HGTV on Program Integration

Wayfair.com

BOSTON-Wayfair has reached an agreement with HGTV for program integration on some of the home network’s shows, including “Brother vs. Brother” and “Flipping the Block.” According to a joint statement from the two companies, this integration is part of a broader partnership that unites HGTV’s home-design programming with the home-goods selection on wayfair.com. Through thisMore »

Oblak Tabbed as Wayfair GM

Steve Oblakw

BOSTON—Wayfair has promoted Steve Oblak to senior vice president and general manager of wayfair.com, the retailer’s flagship e-commerce brand. Oblak’s appointment to this newly created position puts him in charge of strategy and execution for the wayfair.com brand. He reports directly to Niraj Shah, Wayfair’s CEO and co-founder. Oblak has been with Wayfair for almostMore »

Wayfair Launches Birch Lane Brand

Wayfair.com

BOSTON-Wayfair is debuting Birch Lane, a new lifestyle brand geared toward what the home furnishings web retailer described as “classic style and timeless home design.” The new brand has its own website, birchlane.com. Its merchandise includes furniture, lighting, rugs, window treatments, bedding, tabletop and decor targeted at bedrooms, dining rooms, living rooms and home offices.More »

Wayfair Debuts Designer Trade Services

Wayfair.com

BOSTON-Home furnishings website Wayfair has launched Wayfair Designer Trade Services, a program that offers designers access to products available from wayfair.com, AllModern and DwellStudio. The new membership service enables designers, interior decorators and other trade professionals to shop across more than 7 million products and 12,000 brands. It also provides exclusive volume discounts; loyalty rewards;More »

Wayfair Raises $157 Million in Financing

Wayfair.com

BOSTON-Online retailer Wayfair has raised $157 million in equity financing as it seeks to invest in its portfolio of home brands. The company obtained the cash through Series B financing, which is the second round of financing for a business from private-equity investors or venture capitalists. It was led by funds and accounts managed byMore »

Wayfair Tabs Savarese as COO

James Savarese

BOSTON-James Savarese has been promoted to chief operating officer of Wayfair, a new position for the online home furnishings retailer. Savarese is responsible for the company’s key operations functions throughout the world. He oversees sales, customer service, the supply chain, merchandise operations and third-party partner programs. He reports directly to Niraj Shah, Wayfair’s CEO andMore »

Wayfair Posts 55 Percent Revenue Increase for 2013

Wayfair.com

BOSTON-Online home retailer Wayfair reported total 2013 revenue of $915 million, 55 percent ahead of 2012’s revenue, according to a company statement. The company benefited from steady growth in its home brands throughout last year, along with strong holiday sales in the fourth quarter. Niraj Shah, CEO and Wayfair’s co-founder, said the company had expectedMore »