Latest news with #WayfairRewards
Yahoo
06-08-2025
- Business
- Yahoo
Wayfair struggles to reverse concerning customer behavior
Wayfair struggles to reverse concerning customer behavior originally appeared on TheStreet. Wayfair () s continuing to spot a concerning shift in customer behavior, despite recently generating higher profits, and the company hopes a new tactic will reverse the trend. In Wayfair's second-quarter earnings report for 2025, it revealed that it generated $3.3 billion in total net revenue during the quarter, which is 5% higher than what it earned during the same quarter last year. 💵💰Don't miss the move: Subscribe to TheStreet's free daily newsletter 💰💵 The average order value during the quarter was $328, an increase from $313 in the second quarter of the company's total number of active customers decreased by 4.5% year-over-year. Also, only 80.7% of repeat customers placed orders during the second quarter, down from the 81.7% that placed orders during the same time period last year. Wayfair CEO sounds alarm on a major problem impacting sales During an earnings call on Aug. 4, Wayfair CEO Niraj Shah said demand for home goods has improved but remains weak, despite the company's prices remaining 'relatively consistent' with the previous quarter. 'If you look at the demand level in the category, you've got three years where it went down by kind of significant amount per year, and now you have it kind of flat to down,' said Shah. '... So that's not a strong environment.' Shah confirmed that low housing turnover rates and existing home sales in the U.S. are among the main factors contributing to weak demand.U.S. home prices have increased over the past few years, eating away at housing affordability. In the second quarter of 2025, the average home sales price reached $512,800, which is 38% higher than the average in the second quarter of 2020. In response to rising home prices, consumers have been avoiding purchasing new homes, which has impacted the home goods category. According to a weekly survey from the Mortgage Bankers Association, mortgage applications decreased by 3.9% from the previous week, while mortgage rates remained at almost 7%. Wayfair has a plan to win back customers To help shore up consumer demand, Wayfair is focused on improving the customer experience to keep shoppers away from rivals by further investing in technology and new programs. Specifically, it will focus on rolling out new artificial intelligence-powered features to make shopping more seamless for customers and inventory management easier for suppliers. Wayfair is also relying on its new paid loyalty program, Wayfair Rewards, which launched last year, to boost orders and traffic on its website. More Retail: Target has another big problem amid alarming customer behavior Dollar General announces big store change to win back customers Amazon pulls the plug on a free service for customers 'The initial excitement we saw for Wayfair Rewards at the time of launch continues to gain traction with member growth and customer lifetime value curves exceeding our initial expectations,' said Shah during the call. Shah also said that Wayfair expects to see minimal price increases on its platform, despite the growing threat of tariffs (taxes companies pay to import goods from overseas), which may help attract and retain price-conscious customers. 'We have over 20,000 suppliers on our platform,' said Shah. 'And they are, to some degree, in competition with each other. So they know 'Hey, if I take an item, it's doing well, I raise its price, it could kill that item. I don't wanna do that.' So suppliers are pretty keen to figure out how to maintain those prices.' Consumers nationwide have been pulling back their spending in response to President Donald Trump's tariffs on multiple countries, which are expected to result in higher prices for everyday goods. According to a recent survey from market research company Numerator, 87% of consumers are worried about tariffs impacting their finances. Also, 80% of consumers are adjusting their finances or shopping habits in response to tariffs, including delaying nonessential or expensive purchases, buying fewer imported goods, searching for sales and coupons, and switching to shopping at lower-priced retailers and discount struggles to reverse concerning customer behavior first appeared on TheStreet on Aug 6, 2025 This story was originally reported by TheStreet on Aug 6, 2025, where it first appeared. Sign in to access your portfolio


USA Today
15-06-2025
- Lifestyle
- USA Today
Refresh your outdoor oasis for less: Top 10 Wayfair deals happening now
AI-assisted summary Wayfair is currently offering deals on various home and outdoor items. The article highlights the top 10 Wayfair deals available, including outdoor furniture, grills, and more. Wayfair has a paid rewards program called Wayfair Rewards for additional savings. The next time you're ready to update your home with new furniture, decor, bedding, rugs or even outdoor furnishings, remember that Wayfair is the ultimate destination to find the best deals. You can always count on their significant savings, especially during seasonal transitions when deeper markdowns are available. With summer approaching, Wayfair is now featuring some seriously hot deals on items such as outdoor rugs, patio furniture, grills and more. Whether you're shopping during the Wayfair Epic Summer Sale event or splurging during their Way Day events, Wayfair consistently offers deals throughout the year that are simply too good to pass up. To help you navigate the savings, we've curated this helpful list of the top 10 best Wayfair deals you can score right now! Rest assured, we'll keep this list fresh as new sales roll out, so be sure to bookmark this page and check back often. Here are the top 10 best Wayfair deals you can grab now 1. Lark Manor Deltana Floral Outdoor Area Rug Lark Manor Deltana Floral Outdoor Area Rug This outdoor rug is resistant to weather, water, stains, fading and wear. Plus, its vibrant design will add the perfect touch to your patio. This outdoor rug is resistant to weather, water, stains, fading and wear. Plus, its vibrant design will add the perfect touch to your patio. Save up to 79% at Wayfair 2. Beachcrest Shawnna Home Weather-Resistant Foldable Adirondack Chair Beachcrest Shawnna Home Weather-Resistant Foldable Adirondack Chair These weather-resistant chairs feature stainless steel hardware and a folding design that's great for when you want to take them on the go. These weather-resistant chairs feature stainless steel hardware and a folding design that's great for when you want to take them on the go. Save up to 57% at Wayfair 3. Sol 72 Outdoor Hopkinton 13FT Rectangular Market Umbrella Sol 72 Outdoor Hopkinton 13FT Rectangular Market Umbrella This umbrella features a height-adjustable, powder-coated steel pole and 12 ribs give this umbrella extra support. This umbrella features a height-adjustable, powder-coated steel pole and 12 ribs give this umbrella extra support. Save up to 67% at Wayfair 4. Nestl Set of 2 Chaise Lounge Chair Set Nestl Set of 2 Chaise Lounge Chair Set These chaise lounge chairs are crafted from weatherproof polypropylene resin with a stylish wood-textured design. These chaise lounge chairs are crafted from weatherproof polypropylene resin with a stylish wood-textured design. Save 74% at Wayfair 5. Beachcrest Home Denison 3-Piece Seating Set w/ Cusions Beachcrest Home Denison 3-Piece Seating Set w/ Cusions This seating set features two rocking chairs and a matching side table to create a breezy getaway on your back porch or patio. This seating set features two rocking chairs and a matching side table to create a breezy getaway on your back porch or patio. Save 70% at Wayfair 6. Wade Logan Arlethe Wood 4-Person Patio Conversation Set with Cushions Wade Logan Arlethe Wood 4-Person Patio Conversation Set with Cushions The set includes two armchairs, a bench, a coffee table and cushions to seat four comfortably. The set includes two armchairs, a bench, a coffee table and cushions to seat four comfortably. Save 49% at Wayfair 7. Outdoor Pizza Oven Outdoor Pizza Oven This pizza oven features a rapid baking function, reaching temperatures up to 1000°F with only 15 minutes of preheating, allowing you to cook delicious food in just 90 seconds. This pizza oven features a rapid baking function, reaching temperatures up to 1000°F with only 15 minutes of preheating, allowing you to cook delicious food in just 90 seconds. Save 53% at Wayfair 8. Nexgrill 4-Burner Propane Gas Grill Nexgrill 4-Burner Propane Gas Grill This grill offers a spacious 626 sq. in. total cooking area and four stainless steel burners. This propane BBQ grill is built for performance. This grill offers a spacious 626 sq. in. total cooking area and four stainless steel burners. This propane BBQ grill is built for performance. Save 59% at Wayfair 9. Loon Peak Burroughs Fir Wood Potting Bench Loon Peak Burroughs Fir Wood Potting Bench This potting bench features a removable sink for convenient planting and cleanup, while the drawer, hooks and shelving provide organized storage. This potting bench features a removable sink for convenient planting and cleanup, while the drawer, hooks and shelving provide organized storage. Save 59% at Wayfair 10. Galvanized Steel Locking Parcel Box Galvanized Steel Locking Parcel Box This delivery box is made of high-quality steel with advanced security features and rugged construction, making it perfect for keeping your packages safe in any outdoor environment. This delivery box is made of high-quality steel with advanced security features and rugged construction, making it perfect for keeping your packages safe in any outdoor environment. Save 48% at Wayfair What is Wayfair Rewards? Wayfair has a paid rewards membership program called Wayfair Rewards. If you're interested in saving money on furniture, home goods and kitchen appliances, you should absolutely consider taking advantage of a Wayfair Rewards membership How much does a Wayfair Rewards membership cost? A Wayfair Rewards annual membership costs $29, but it will quickly pay for itself through the savings you'll get on shipping. Wayfair Rewards Join Wayfair Rewards to earn rewards on your purchases, get free shipping and more. Join Wayfair Rewards to earn rewards on your purchases, get free shipping and more. Join Wayfair Rewards


Indianapolis Star
13-06-2025
- Lifestyle
- Indianapolis Star
Refresh your outdoor oasis for less: Top 10 Wayfair deals happening now
AI-assisted summary Wayfair is currently offering deals on various home and outdoor items. The article highlights the top 10 Wayfair deals available, including outdoor furniture, grills, and more. Wayfair has a paid rewards program called Wayfair Rewards for additional savings. The next time you're ready to update your home with new furniture, decor, bedding, rugs or even outdoor furnishings, remember that Wayfair is the ultimate destination to find the best deals. You can always count on their significant savings, especially during seasonal transitions when deeper markdowns are available. With summer approaching, Wayfair is now featuring some seriously hot deals on items such as outdoor rugs, patio furniture, grills and more. Whether you're shopping during the Wayfair Epic Summer Sale event or splurging during their Way Day events, Wayfair consistently offers deals throughout the year that are simply too good to pass up. To help you navigate the savings, we've curated this helpful list of the top 10 best Wayfair deals you can score right now! Rest assured, we'll keep this list fresh as new sales roll out, so be sure to bookmark this page and check back often. 1. Lark Manor Deltana Floral Outdoor Area Rug 2. Beachcrest Shawnna Home Weather-Resistant Foldable Adirondack Chair Beachcrest Shawnna Home Weather-Resistant Foldable Adirondack Chair These weather-resistant chairs feature stainless steel hardware and a folding design that's great for when you want to take them on the go. Save up to 57% at Wayfair 3. Sol 72 Outdoor Hopkinton 13FT Rectangular Market Umbrella 4. Nestl Set of 2 Chaise Lounge Chair Set 5. Beachcrest Home Denison 3-Piece Seating Set w/ Cusions Beachcrest Home Denison 3-Piece Seating Set w/ Cusions This seating set features two rocking chairs and a matching side table to create a breezy getaway on your back porch or patio. Save 70% at Wayfair 6. Wade Logan Arlethe Wood 4-Person Patio Conversation Set with Cushions 7. Outdoor Pizza Oven 8. Nexgrill 4-Burner Propane Gas Grill Nexgrill 4-Burner Propane Gas Grill This grill offers a spacious 626 sq. in. total cooking area and four stainless steel burners. This propane BBQ grill is built for performance. Save 59% at Wayfair 9. Loon Peak Burroughs Fir Wood Potting Bench Loon Peak Burroughs Fir Wood Potting Bench This potting bench features a removable sink for convenient planting and cleanup, while the drawer, hooks and shelving provide organized storage. Save 59% at Wayfair 10. Galvanized Steel Locking Parcel Box Galvanized Steel Locking Parcel Box This delivery box is made of high-quality steel with advanced security features and rugged construction, making it perfect for keeping your packages safe in any outdoor environment. Save 48% at Wayfair What is Wayfair Rewards? Wayfair has a paid rewards membership program called Wayfair Rewards. If you're interested in saving money on furniture, home goods and kitchen appliances, you should absolutely consider taking advantage of a Wayfair Rewards membership How much does a Wayfair Rewards membership cost? A Wayfair Rewards annual membership costs $29, but it will quickly pay for itself through the savings you'll get on shipping.


Indianapolis Star
30-04-2025
- Business
- Indianapolis Star
🚨 Wayfair just extended its Way Day sale! Score deals of up to 80% off on best-sellers
AI-assisted summary Wayfair extended its Way Day 2025 sale through April 30, offering further discounts on best-selling items. Deals include furniture, kitchen appliances, grills, patio decor, and pet beds. Shoppers do not need a Wayfair membership to access the sale. The deals aren't over yet! After a monumental weekend of savings at Wayfair's Way Day 2025 sale, the retailer—ever so generously—extended its massive sale through the end of day today, giving shoppers even more opportunity to score discounts on Wayfair best-sellers. We've already been treated to a bevy of incredible Way Day deals, like a 63% discount on a comfy Serta pet bed and a 62% markdown on best-selling Adirondack chairs for summer. Whether you missed out on discounts in the first round of the sale or simply can't turn down a great Wayfair deal (same), we rounded up the best last-chance Way Day deals that are still live—and worth shopping ASAP. Magnolia Home By Joanna Gaines X Loloi Sinclair Machine Washable Area Rug Love Joanna Gaines? You need this Magnolia area rug styled in your home ASAP. Shop at Wayfair KitchenAid Artisan Mini 3.5 Quart Tilt-Head Stand Mixer PSA: The internet-famous KitchenAid Stand Mixer is currently 26% off at Wayfair's Way Day sale. Shop at Wayfair When does Wayfair's 2025 Way Day sale end? Don't miss out! Get weekly deals, trends and product recommendations from USA TODAY Shopping delivered straight to your inbox. The Wayfair Way Day 2025 sale ends tonight, Wednesday, April 30, after being extended. During this time, shoppers can take advantage of sitewide discounts across categories like furniture, home decor, kitchen appliances and more. Do I need to be a Wayfair member to shop Way Day deals? No, you don't need to be a Wayfair member in order to shop Way Day deals. To make sure you have access to all of the best sales year-round though, we recommend joining Wayfair's rewards program, Wayfair Rewards, because it offers an easy way to save money year-round and get access to discounts on top-selling Wayfair products. For more information and to sign up for a Wayfair Rewards membership, visit


Indianapolis Star
28-04-2025
- Business
- Indianapolis Star
Martha Stewart's chic home furnishings, decor are up to 60% off through tonight 🛍️
Now's the time to save big on select Martha-approved cookware, furniture and home flourishes. AI-assisted summary The sale includes deals on Martha Stewart cookware, furniture and home decor. The April Way Day sale ends on Monday, April 28. Martha Stewart is such an omnipresent fixture within my home, you'd think she personally designed it herself. My knife set is from Martha Stewart Collections, my kitchen apron is from Martha Stewart Collections, even some of my prettiest patterned pillow covers are from Martha Stewart Collections. The designer and lifestyle guru's influence is visible all over my space thanks to her specially curated home line at Wayfair —and with the premiere of her new show 'Yes, Chef!' streaming on Peacock tonight, April 28, it is the perfect time to score select Martha Stewart products on sale for up to 60% off (yes, really). While Wayfair's Way Day 2025 sale officially ends tonight, there's still plenty of time to stock up and save on top-rated home products—including editor-approved Martha Stewart cookware, furniture and home decor. Ahead, I sourced a few of the best last-chance Way Day deals on Martha Stewart's Wayfair line, from a farmhouse-style chair to a chic office desk. Don't miss out! Get weekly deals, trends and product recommendations from USA TODAY Shopping delivered straight to your inbox. Martha Stewart Highland Tufted Accent Bench with Shelf Incorporate some extra seating space into your bedroom or guest room with this gorgeous accent bench. Save 54% at Wayfair Martha Stewart Plastic Stackable Office Desk Drawer Organizers Keep track of your most important office essentials and tools with the help of this desk organizer. Save 38% at Wayfair When does the Wayfair April Way Day 2025 sale end? The Wayfair April Way Day 2025 sale is live now through Monday, April 28. During this time, shoppers can take advantage of sitewide discounts across categories like furniture, home decor, kitchen appliances and more. Do I need to be a Wayfair member to shop Way Day deals? No, you don't need to be a Wayfair member in order to shop Way Day deals. However, I recommend joining Wayfair's rewards program, Wayfair Rewards, because it offers an easy way to save money year-round and get access to discounts on top-selling Wayfair products. For more information and to sign up for a Wayfair Rewards membership, visit How much does a Wayfair Rewards membership cost? Normally, a Wayfair Rewards membership costs $29 per year. But, in celebration of Way Day 2025 deals, shoppers can sign up for a Wayfair membership and get 50% off their first year with the code MEMBER50 —for a limited time only.