Retail News

Reported Amazon furniture push hits Wayfair’s share price

CNBC 04/24/2017

Share of Wayfair.com were down five percent yesterday after news broke that Amazon.com representatives had told furniture retailers that it is looking to open its platform to them. Amazon’s reps said among the changes it was considering was giving shoppers the option of choosing “white glove delivery” in addition to third-party shipping services.

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