Shares of the U.S.-based company rose on Friday as furniture retailer Wayfair ($W) announced it will lay off 730 people as ...

Wayfair, an early e-commerce disruptor, wants to focus more on physical retail and has decided to exit the German market and ...

Budget-furniture seller Wayfair (W) is shifting its focus toward physical retail stores and North American markets as it cuts ...

Wayfair stock fell Friday morning after the online furniture seller said it was shutting down its business in Germany and ...

Wayfair is exiting Germany, where it has operated for 15 years, after failing to turn the company “into a household brand” in ...

The cuts follow thousands of jobs eliminated across the online furniture seller worldwide over the past two years.

"Scaling our market share and improving our unit economics in the German market has proven challenging," founder and CEO Niraj Shah said in an employee memo shared with CNBC. Wayfair is exiting ...