Wealthier shoppers are giving Wayfair an unexpected boost as many Americans remain cautious about the economy and continue cutting back on big purchases.While budget-conscious consumers hold off on major spending, higher-income shoppers are still investing in furniture and home upgrades, helping drive growth for the online retailer. Wayfair reported a stronger-than-expected second quarter, with it…
The wealthy are turning to Wayfair as furniture retailer sees more profit amid nation’s economic worries | The Independent
