Direct Retail gross sales increased 130% and overall company gross sales
increased 109% year-over-year for long weekend including Thanksgiving
and Cyber Monday
Wayfair Inc. (NYSE:W), one of the world's largest online destinations
for home furnishings and décor, today reported a 109 percent increase in
overall gross sales, defined as dollars of order intake, and a 130
percent increase in Direct Retail gross sales for the five-day peak
shopping period of Thanksgiving Day through Cyber Monday. Cyber Monday
was the biggest sales day of the period with peak order volume in the
evening between 9 p.m. and 11 p.m. ET.
“The Thanksgiving holiday weekend is typically a busy, high volume
period for Wayfair,” said Niraj Shah, CEO, co-founder and co-chairman of
Wayfair. “We are continuing to see an industry-wide shift to ecommerce
that is especially evident during the peak retail season. Wayfair is
benefiting from that shift and from our ongoing success in building a
trusted, online destination for everything home. We are excited to
welcome new customers while also seeing strong purchasing from repeat
customers. We believe our unparalleled selection, top notch service and
compelling prices make Wayfair the ideal online destination for holiday
and for purchases all year round.”
For the 2015 holiday season, Wayfair is offering exceptional deals on
its selection of more than 7 million products for the home. Wayfair
customers took advantage of discounts over the long holiday weekend to
stock up on items for entertaining and hosting friends and family. Sofas
and sectionals were big sellers throughout the five-day period and
shoppers purchased Wayfair’s single most popular recliner once every 80
seconds on Black Friday. Top sellers for sprucing up the home included
flannel sheets, down comforters, upholstered headboards, bar stools and
area rugs.
Shoppers also snapped up seasonal décor, selecting from more than 28,000
distinct holiday items including wreaths, garlands, stockings, ornaments
and artificial trees. For gifting items, best sellers included play
kitchens for children and bean bag chairs and jewelry organizers for
tweens and teens. New items on the top seller list for the 2015 holiday
season included faux fur pillows and throws.
About Wayfair
Wayfair Inc. offers an extensive selection of home furnishings and décor
across all styles and price points. The Wayfair family of brands
includes:
-
Wayfair.com, an online destination for all things home
-
Joss & Main, an online flash sales site offering inspiring home design
daily
-
AllModern, a go-to online source for modern design
-
DwellStudio, a design house for fashion-forward modern furnishings
-
Birch Lane, a collection of classic furnishings and timeless home décor
Wayfair is headquartered in Boston, Massachusetts, with additional
locations in New York, Utah, Kentucky, Ireland, U.K. and Germany.
View source version on businesswire.com: http://www.businesswire.com/news/home/20151202005647/en/
Copyright Business Wire 2015