Wayfair CEO Niraj Shah compares home goods slowdown to global financial crisis of 2008
Wayfair Inc. is experiencing a slowdown in the home goods category reminiscent of the global financial crisis of 2008, according to CEO Niraj Shah. This cautious consumer spending is significantly impacting the company’s financial performance. In the earnings release on Thursday, Shah noted, “Customers remain cautious in their spending on the home.” Wayfair reported earnings