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Wayfair Inc. is an American e-commerce company based in Boston, Massachusetts [6] that sells furniture and home goods online. Formerly known as CSN Stores, it was founded in 2002, and currently offers 14 million items from more than 11,000 global suppliers. [3]
Shah grew up in Pittsfield, Massachusetts, the son of immigrants from India. [2] His grandfather ran a "steel manufacturing business in India, making pots and pans". [2] His father worked for General Electric as a mechanical engineer, and after his retirement, joined Wayfair early on, providing financial advice, and still works for the company.
The second store opened in 1960 in Encino and the third store opened in 1965 in North Hollywood. [4] In 1966, Arden Group acquired Gelson's. [5] In February 2014, Arden Group sold Gelson's to TPG Capital for $394 million. [6] [7] In 2015, the company acquired 8 stores from Haggen for $36 million. [8]
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A furniture retailer, furniture store or furniture shop is a retail businesses that sells furniture and related accessories. Furniture retailers usually sell general furniture (like beds , tables , bookcases and wardrobes ), seats and upholstered suites (like couches or sofas and chairs ), and specialised items produced for a commission. [ 1 ]
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Mayfair has so far undertaken two investments. The first was the acquisition of a stake in publicly listed Puma AG in May 2005. [6] Following the announcement of a new strategic phase by Puma's CEO Jochen Zeitz, which involved the repurchase of licensed countries and the roll out of a retail network, Mayfair increased their stake from 17% to 27%.
Mayfair Mall is a shopping mall located on Mayfair Road (Highway 100) between North Avenue and Center Street in Wauwatosa, Wisconsin, United States. It serves the Greater Milwaukee area, also Wisconsin's premier shopping Center and Largest Mall in Wisconsin with 161 stores.