Wayfair

Wayfair LLC ( GmbH) is an American e-commerce catalog company. The company - previously known as CSN Stores - began in 2002 to sell furniture on the Internet, and now offers a variety of household products, luggage, toys, and pet accessories from over 11,000 brands for sale. Wayfairs headquarters is located in Boston, Massachusetts, and the company also has also department stores and offices in other parts of the USA, as well as in Australia, Germany, Ireland and the United Kingdom.

2.1 allmodern
2.2 Joss & Main
2.3 CSN Supply

5.1 2012
5.2 2011
5.3 2010
5.4 2009
5.5 2008
5.6 2007

History

2002-2006

The entrepreneurs Niraj Shah and Steve Conine Wayfair founded in August 2002 - at the time only a two -man company with a makeshift headquarters in Steve's Nursery in Boston, Massachusetts. Shah and Conine both have a Bachelor of Science from Cornell University. The duo had previously operated two companies Simplify Mobile and iXL, a global consulting firm, before they called Wayfair into life. Today Shah are the manager and Conine Chairman and Technical Director. Originally known as CSN Stores (the name comes from a mixture of the initials of Shah and Conine ), the company started the website racksandstands.com, the media stands and storage furniture sold.

2003 added the company added products from suppliers for patio and garden goods, together with three online stores and a dozen employees and moved from its headquarters in Conines house into an office on Newbury Street in Boston has to offer. Over the following two years, the company expanded its catalog to home decor, office, and institutional furniture, kitchen and dining room furniture, DIY accessories, bed and bath materials, as well as luggage and lighting. In 2006 the company made for the first time a sales turnover of $ 100 million.

2007-2010

During the next four years, the company expanded aggressively and exponentially in markets in both the United States and abroad. 2008 CSN Stores began to Canada to deliver and sell in the UK, and it has an office in London opens. In the same year, the Boston Business Journal assessed the company in general as # 1, the fastest growing private e -commerce company in Massachusetts, and as # 4 among the fastest- growing private companies. In 2009 the company expanded to Australia and Germany. 2010 the company moved into the current headquarters 177 Huntington Avenue. At the end of this year Joss & Main was founded, an online store with private sales promotions that are only available to members.

2011 to present

2011 possessed CSN Stores over 200 online stores, mostly niche shops for special products, such as cookware.com, strollers.com, and everyatomicclock.com. In an effort to act on a larger scale in order to concentrate the traffic on a single page and to unify the appearance of the company, Shah and Conine, CSN Stores Wayfair decided to change its name. To market the new brand and to support the expansion, the company launched in June 2011, $ 165 million to in Inverstitionen of four investment companies.

Wayfair.com was taken on September 1, 2011 launch. In July 2012, CSN had consolidated all niche websites at Wayfair.com, with the exception of Joss & Main and allmodern. In August 2012, the company CSN Supply founded as a priority for the business, government, and institutional customers by Wayfair. At present, CSN is the second largest online retailer for housewares and home furnishings in the United States, and is ranked 50 of all online retailers in the United States. The company made a revenue of $ 380 million in 2010, and more than $ 500 million in 2011.

Current Stores and Services

Wayfair sells the entire range, which results from all previous niche websites of CSN Stores. This includes furniture, home equipment, kitchen and dining products, bed and bath items, patio and garden products, DIY accessories, leisure accessories, as well as baby and children's toys and furniture with a.

Allmodern

Allmodern sells modern furniture and household goods, was established in 2007. Products that are sold through allmodern come from many top design firms, such as Missoni, Herman Miller, Knoll, Philippe Starck, Vitra, and Steelcase. Many of the products offered on allmodern are also available on Wayfairs page.

Joss & Main

Joss & Main was founded in 2010 and provides time-limited sales campaigns for a variety of products and services. Buyer must be members at Joss & Main, so they can see the actions and make purchases. Promotions are published daily by 11 clock eastern time, and usually enclose three different brands. The actions generally run for a period of 72 hours.

CSN Supply

CSN Supply is aligned to the features of business companies, government agencies and schools by selling commercial furniture, office accessories and other related products. The site allows customers to shop by industry or product type.

Locations

As things stand Wayfair has distributed seven locations around the world.

Main Office: 177 Huntington Ave, Boston, Massachusetts.. More than 700 employees, about 75 % of the entire company are employed at the headquarters. The company's founders, HR, marketing, engineering, finance, customer service, and other departments work primarily here.
Warehouse and assistance service center: Ogden (Utah ). This site was acquired in 2011 and manages the shipping in the western part of the United States. Ogden is to move on to become the primary service center for Wayfair.
Inventory: Hebron, Kentucky. If you purchased in 2011, this site handles all orders that go into the entire contiguous United States.
European operating center: Galway, Ireland.
Office in the United Kingdom: London, England.
German office: Berlin, Germany. The Berlin office manages the purchasing, merchandising and shipping for the German business.
Australian Headquarters: Sydney, Australia. In September 2011 Wayfair bought on the Australian retailer of household goods Buyster and walked him in July 2012 in the business in Wayfair.com.au 'around.

Culture

Wayfair has adopted a predominantly informal culture. All ten stories in the office have an open floor plan, a conscious decision by Conine and Shah to encourage cooperation and promote openness among the staff. Not even Shah and Conine have their own office; they have their desks in the middle of those of all other employees. The company is still a very flexible dress code, which varies from shirt and tie to flip- flops. Shah and Conine represent a strong " work-life balance ", ie a balance between professional and working life for their employees. In December 2011, CSN was ranked in the ranking of Glassdoor number 19 among the best jobs, and in August 2012 rated the same publication Wayfair as # 18 with respect to the "Work-Life Balance".

The company advocates growth and exploring new areas and opportunities for their employees, and offers many courses by Wayfair University - an internal program, which includes courses that relate to everything from career planning to software exercises and yoga.

Awards and Recognition

2012

19th to Glassdoor.com ' s list of the 50 best jobs (50 Best Places to Work Employee 's Choice Awards).
# 50 of 500 on the list of Internet Retailer 500 by Internet Retailer magazine.
18th to Glassdoor.com ' s list of the 25 jobs with the best "Work-Life Balance".

2011

For "Private Company of the Year" by the Massachusetts Technology Leadership Council.
# 51 of 500 on the list of the Internet Retailer 500 by Internet Retailer magazine.
For " Pacesetter " ( " pacemaker " ) the list of fastest growing private companies in Massachusetts appointed by the Boston Business Journal.

2010

Number 61 of 500 on the list of Internet Retailer 500 by Internet Retailer magazine.

2009

Number 63 of 500 on the list of Internet Retailer 500 by Internet Retailer magazine.

2008

Nominated for the 2009 Hot 100 by Internet Retailer magazine.
Space 492 on the Inc. 500 list of fastest growing companies in the U.S. by Inc. Magazine
No. 69 of 500 on the list of Internet Retailer 500 by Internet Retailer magazine.
# 4 on the Top 60 pacesetters for the fastest- growing private companies in Massachusetts by the Boston Business Journal.

2007

147th on the Inc. 500 list of fastest growing companies in the U.S. by Inc. magazine.
Course 107 of 500 on the list of Internet Retailer 500 by Internet Retailer magazine.

Vitra (furniture) Ogden (Utah)

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