Latest Company News
Former CEO of German Media Giant RTL Brings Extensive Expertise in Digital Media and International Markets to Online Home Furnishings Leader
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BOSTON--(BUSINESS WIRE)-- Wayfair (NYSE:W), one of the world’s largest online destinations for the home, today announced that Steve Conine, co-founder and co-chairman, and Michael Fleisher, chief financial officer, will present at the Citi 2019 Global Technology Conference. The presentation will take place at the New York Hilton Midtown Hotel in New York City on Thursday, September 5 at 11 a.m. ET.
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BOSTON--(BUSINESS WIRE)-- Wayfair (NYSE:W), one of the world’s largest online destinations for the home, today announced that Niraj Shah, CEO, co-founder and co-chairman, will present at the Goldman Sachs 26th Annual Global Retailing Conference at the Grand Hyatt New York Hotel in New York City. The presentation will begin at 11:20 a.m. ET on Wednesday, September 4, 2019.
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BOSTON--(BUSINESS WIRE)-- Wayfair Inc. (NYSE: W) (the “Company,” “we” or “Wayfair”) announced today the pricing of $825 million aggregate principal amount of 1.00% convertible senior notes due 2026 (the “notes”) in a private offering (the “offering”) to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). The offering was upsized from the previously announced offering of $750 million aggregate principal amount of notes. In connection with the offering, the Company granted the initial purchasers an option to purchase, within a 13-day period beginning on, and including, the initial issuance date of the notes, up to an additional $123.75 million aggregate principal amount of notes.
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BOSTON--(BUSINESS WIRE)-- Wayfair Inc. (NYSE: W) (the “Company,” “we” or “Wayfair”) announced today that it intends to offer, subject to market conditions and other factors, $750 million aggregate principal amount of convertible senior notes due 2026 (the “notes”) in a private offering (the “offering”) to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). In connection with the offering, the Company expects to grant the initial purchasers an option to purchase, within a 13-day period beginning on, and including, the initial issuance date of the notes, up to an additional $112.5 million aggregate principal amount of notes.
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Q2 Direct Retail Net Revenue Growth of 42% Year over Year to $2.3 billion
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Wayfair’s Shrenik Sadalgi will serve as Chair of the newly ratified 3D Commerce Working Group as Wayfair continues to democratize 3D innovation
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James Savarese and John Mulliken to Depart Company
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BOSTON--(BUSINESS WIRE)-- Wayfair (NYSE:W), one of the world’s largest online destinations for the home, today announced the company’s partnership with Homes For Our Troops (HFOT), a nonprofit organization that builds and donates specially adapted custom homes nationwide for severely injured post-9/11 veterans. The homes restore some of the freedom and independence veterans sacrificed while serving, and enable them to focus on their family, recovery, and rebuilding their lives.
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