00:00It's Benzinga, bringing Wall Street to Main Street!
00:02Wayfair shares moved higher Monday after the online home furnishings retailer announced
00:06plans to open a 95,000-square-foot store in Pittsburgh in 2027, according to Benzinga.
00:12The store will feature an on-site design studio and a curated selection of Wayfair-verified
00:17products organized by room. Customers will be able to take select items home the same day
00:21or use Wayfair's logistics network for two-day delivery.
00:24Vice President of Merchandising and Stores, Liza Lefkowski, said Pittsburgh's strong
00:29community roots and architectural character, make it an attractive market for the company's
00:33retail expansion. The location will join existing stores in Illinois, Georgia, and Ohio, along
00:38with planned stores in Denver, Westchester, Fort Lauderdale, Cincinnati, and Princeton.
00:43Shares were down by 4.04% at $85.70 in Tuesday's pre-market trading, according to data from Benzinga
00:51Pro.
00:51For all things money, visit Benzinga.com.
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