Wayfair

Online furniture sales to reach $294 billion by 2022

According to Statista, a digital research firm, revenue from online sales of furniture and homewares is nearly $190 billion worldwide and is expected to grow 11.9 percent per year, reaching $294 billion by 2022.
 
The United States and China currently top the charts in online sales of furniture and homewares with $65.1 billion and $68.6 billion respectively.

Wayfair adds flooring division to its online retail store

Wayfair online home furnishings retailer, looking to grow flooring sales, launches to-the-trade flooring sales through its Trade Services at Wayfair program, as well as a One-Stop Flooring Shop at Wayfair.com, selling laminates, hardwood, vinyl and tile. Wayfair is contending with allegations of excessive formaldehyde in some of its products.