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27 May 2024

Daily Newsletter

Wayfair debuts first large-format store in Illinois, US 

The 150,000ft² store offers a wide range of home products including furniture, décor items and appliances.

Jangoulun Singsit May 24 2024

Online home furnishing retailer Wayfair has launched its first large-format store at Edens Plaza in Wilmette, Illinois, US. 

The 150,000ft² two-storey establishment offers 19 departments and a wide range of home products including furniture, décor items and appliances.

Shoppers at Wayfair's new location can also benefit from complimentary design and home improvement consultations with in-store experts.  

The Porch, an all-day café, serves refreshments.  

Customers receive free shipping on most products, with delivery times from one to two days. 

Wayfair commissioned local artist Alyssa Low to create a custom mural that celebrates both Chicago and Wilmette, which can be seen on the north exterior wall of the store.  

The retailer will also donate $100,000 to Connections for the Homeless, a non-profit aiding those facing homelessness and housing insecurity. 

Wayfair merchandising and stores vice-president Liza Lefkowski said: "We are committed to providing our customers with unparalleled shopping experiences, tailored to their preferences, whether they choose to shop online or in-store.  

“The opening of our Wilmette location marks an exciting chapter for Wayfair, reinforcing our position as the premier destination for home goods. 

"Our store is thoughtfully designed to be both inspirational and practical, empowering shoppers to create spaces that are just right for them." 

Headquartered in Boston, Massachusetts, Wayfair reported $12.0bn in net revenue for the year ending 31 December 2023. 

ICT Solutions in the Retail Banking Sector

Per GlobalData, the global retail banking sector ICT market was valued at US$213.98 billion in 2022 and is expected to grow at a CAGR of ~14% by 2027. Leverage our latest report to identify the most lucrative IT solution for ICT in the retail banking sector by reviewing their current contribution to the overall ICT in the retail banking sector and their expected input towards the market growth over the next 5 years, while also determining the geographies/countries that would support the ICT market in the retail banking sector.

ICT Solutions in the Retail Banking Sector

Per GlobalData, the global retail banking sector ICT market was valued at US$213.98 billion in 2022 and is expected to grow at a CAGR of ~14% by 2027. Leverage our latest report to identify the most lucrative IT solution for ICT in the retail banking sector by reviewing their current contribution to the overall ICT in the retail banking sector and their expected input towards the market growth over the next 5 years, while also determining the geographies/countries that would support the ICT market in the retail banking sector.

ICT Solutions in the Retail Banking Sector

Per GlobalData, the global retail banking sector ICT market was valued at US$213.98 billion in 2022 and is expected to grow at a CAGR of ~14% by 2027. Leverage our latest report to identify the most lucrative IT solution for ICT in the retail banking sector by reviewing their current contribution to the overall ICT in the retail banking sector and their expected input towards the market growth over the next 5 years, while also determining the geographies/countries that would support the ICT market in the retail banking sector.

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