Sales dip at Wayfair after the pandemic-fueled housewares boom
April Berthene
Web-only home furnishings giant Wayfair Inc. posted $3.86 billion in net revenue for Q2 2021, a 10.4% decrease from $4.30 billion in Q2 2020. Online home furnishing sales surged in Q2 2020—the height of stay-at-home orders during the COVID-19 pandemic. Wayfair’s year-over-year sales decrease reflects that, CEO Niraj Shah said in an earnings call with […]