Home Furnishings Leader Recognized for Extraordinary Performance
in E-Commerce
BOSTON--(BUSINESS WIRE)--
Wayfair (NYSE:W), one of the world's largest online destinations for
home furnishings and décor, was named Internet Retailer of the Year by
Internet Retailer®, the world's leading publisher of strategic
e-commerce business intelligence. Wayfair received the top prize in the
second annual Internet Retailer Excellence Awards in Chicago last night.
“It’s a tremendous honor for Wayfair to be recognized as Internet
Retailer of the Year for 2016,” said Niraj Shah, CEO, co-founder and
co-chairman, Wayfair. “This outstanding award is a testament to our
team’s unwavering commitment to building the world’s best and most
comprehensive retail destination for everything home spanning all
categories of goods including furnishings and décor, kitchen items and
home improvement. From day one, we have focused on technology and
innovation to deliver on our promise of unparalleled selection and
exceptional service. We look forward to continuing to delight our
customers with new possibilities in e-commerce as we transform the way
people shop for their homes.”
The four other finalists for Internet Retailer of the Year were
Amazon.com Inc., Etsy Inc., Nike Inc. and Nordstrom Inc. A panel of
judges that included Internet Retailer editors and industry consultants
selected the winners.
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:
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Wayfair.com, an online destination for all things home
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Joss & Main, where beautiful furniture and finds meet
irresistible savings
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AllModern, a go-to online source for modern design
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DwellStudio, a design house for fashion-forward modern furnishings
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Birch Lane, a collection of classic furnishings and timeless home décor
Wayfair generated $2.25 billion in net revenues for full year 2015 and
$747.3 million in net revenues for first quarter 2016. The company
employed 4,604 people as of March 31, 2016 and is headquartered in
Boston, Massachusetts with operations throughout North America and
Europe.
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Source: Wayfair Inc.