Wayfair suffers major losses amid a startling consumer trend
The home goods retailer is raising alarm bells around a growing problem.
Wayfair (W) has had a tough few years, good esteem many other home items outlets across the nation.
As home costs in the U.S. remain excessive, and the housing turnover price remains the bottom it’s been in 30 years, with the sensible 30-yr mortgage price being above 6%, customers have deprioritized home items spending, particularly on great discretionary home projects equivalent to kitchen and bathtub remodels.
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