Retail News

Wayfair and other online retailers burn through cash reserves

The Wall Street Journal 07/20/2022

Online retailers including Wayfair will need to raise cash within a few years based on their current burn rates. Wayfair, which had positive cash flow for the past two years as consumers spent freely to make their homes more livable, is expected to burn through cash this year and in 2023.

MORE ON THIS STORY...

MORE RETAIL NEWS HEADLINES...

Discussions
Check out RetailWire's Engaging Online Discussions Featuring Our Exclusive Braintrust!