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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]
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Wayfair: Non-store 14,145 1.3%: Boston United States: 72 Spar Holding: Supermarket 13,864 2.3%: Gossau SG Switzerland: 73 John Lewis Partnership: Department store/Supermarket 13,858 -4.2%: London United Kingdom: 74 Gap: Apparel/Footwear specialty 13,800 -4.8%: San Francisco United States: 75 Otto: Non-store 13,783 6.2%: Hamburg Germany: 76 ...
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.
Conine co-founded Wayfair in 2002, and is the co-chairman of the board. [5] In May 2017, Wayfair's share price rose above $70 per share, making Conine and his co-founder Niraj Shah both billionaires. As of 2019, each had an estimated net worth of $2.3 billion. [6]