Wayfair reported a 52 percent jump in year-over-year direct retail gross sales over the holiday shopping period running Thanksgiving Day through the following Monday. The strongest sales for the home furnishings site were recorded on Monday (nicknamed Cyber Monday), with top orders reported between 9 p.m. and midnight EST. Fifty-eight percent of holiday sales were attributed to repeat customers.
“The holiday shopping weekend is always a busy time for Wayfair, as our customers take advantage of outstanding deals on furnishings and decor across the site,” says Niraj Shah, the company’s CEO, co-founder and co-chairman. “In addition to shopping for seasonal items, our customers are also preparing their homes for holiday entertaining and hosting guests, buying across a wide range of categories covering all things home. Wayfair is delighted to be the trusted retail destination that helps shoppers find just what they need for their homes every day of the year. We look forward to exceeding our customers’ expectations during the holiday season and beyond.”