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Wayfair turns profit for first time in years in Q2

Online sales surged 83.7% year over year for home furnishings giant Wayfair Inc. to reach $4.30 billion in online sales for its second quarter 2020, ended June 30, the retailer reported last week. With many consumers spending time at home during the coronavirus pandemic, Wayfair benefited from consumers shifting their discretionary spending toward their homes […]

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