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Wayfair Whiffs Q4 Earnings

"Wayfair Inc. reported disappointing fourth-quarter revenue and earnings and a decline in active customers," per Chain Store Age. "Some industry analysts speculated that Wayfair’s loss came as more consumers are shopping in-store for furniture."  To take advantage of that trend, the company recently announced plans "to open brick-and-mortar stores across all its brands, which include Wayfair, AllModern, Joss&Main, Birch Land and Perigold."

Read the whole story at Chain Store Age »

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