Wayfair reports more losses in 2022

Online furniture retailer Wayfair reported sales declined over both the fourth quarter of 2022 and the entire year.  Total net revenue for the quarter decreased 4.6% year over year to $151 million. The company also reported a net loss of $351 million, significantly higher than the net loss of $202 million in the fourth quarter […] The post Wayfair reports more losses in 2022 appeared first on Digital Commerce 360.