Wayfair, an early e-commerce disruptor, wants to focus more on physical retail and has decided to exit the German market and cut 730 jobs as a result.

Wayfair stock fell Friday morning after the online furniture seller said it was shutting down its business in Germany and cutting a little over 700 jobs in a bid to focus on more profitable growth ...

While the home furnishings category may manage a slight comeback this year, Wayfair has more challenges than most.

Wayfair says it expects that about half of the impacted positions will be relocated to other corporate offices. Wayfair is exiting the German market in a move that will impact over 700 employees ...

Despite years of effort, online sales and awareness of its brand have not grown as quickly in Germany as in other markets, Wayfair said. “In our recent assessment, we concluded that achieving ...

In a report released yesterday, Simeon Gutman from Morgan Stanley maintained a Buy rating on Wayfair (W – Research Report), with a price target ...