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Wayfair
Wayfair Inc. is an American e-commerce company based in Boston, Massachusetts 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. It has offices and warehouses throughout the United States and in Canada, Germany, Ireland and the United Kingdom. Wayfair operates five branded retail websites: the main Wayfair site, Joss & Main, AllModern, Birch Lane, and Perigold. History 2002 to 2006 Entrepreneurs Niraj Shah and Steve Conine founded Wayfair in August 2002 as a two-person company with a makeshift headquarters in Conine's nursery in Boston, Massachusetts. Both Shah and Conine hold Bachelor of Science degrees from Cornell University, and had run two previous companies: Simplify Mobile, and iXL, a global consulting firm. , Shah is the chief executive officer, and Shah and Conine share the chairman position. Originally known as CSN Stores (derived from a co ...
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Niraj Shah
Niraj S. Shah ( hi, नीरज शाह) (born 1973/1974) is an Indian-American billionaire businessman, and co-founder, co-chairman, and CEO of online retailer Wayfair. Early life Shah grew up in Pittsfield, Massachusetts, the son of immigrants from India. His grandfather ran a "steel manufacturing business in India, making pots and pans". 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. Shah graduated from Cornell University, where he earned a bachelor's degree in engineering in 1995. Career Shah co-founded Wayfair in 2002 with his Cornell classmate, Steve Conine, and has been its CEO since its inception. Shah was included in the ''Fortune'' list of "40 under 40" for 2013. In 2017, Shah became a director of the Federal Reserve Bank of Boston. In May 2017, Wayfair's share price rose above $70 per share, making Shah and his co-founder Steve Conin ...
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Steve Conine
Steven K. Conine (born 1972/73) is an American businessman, and the co-chairman and co-founder (with Niraj Shah) of the online retailer Wayfair. Early life Raised in the New Vernon section of Harding Township, New Jersey, Conine spent some time during his teens working at a pair of outdoor furniture stores his mother operated. Conine graduated from Delbarton School in 1991. He went on to attend Cornell University, where he earned a bachelor's degree in mechanical engineering in 1995. Career Conine co-founded Wayfair in 2002, and is the co-chairman of the board. 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. Personal life Conine is married to Alexi, they have three children and live in Boston, Massachusetts. They have a holiday home in Jackson Hole Jackson Hole (originally called Jackson's Hole by mountain men) is a valley between the ...
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E-commerce
E-commerce (electronic commerce) is the activity of electronically buying or selling of products on online services or over the Internet. E-commerce draws on technologies such as mobile commerce, electronic funds transfer, supply chain management, Internet marketing, online transaction processing, electronic data interchange (EDI), inventory management systems, and automated data collection systems. E-commerce is in turn driven by the technological advances of the semiconductor industry, and is the largest sector of the electronics industry. Defining e-commerce The term was coined and first employed by Dr. Robert Jacobson, Principal Consultant to the California State Assembly's Utilities & Commerce Committee, in the title and text of California's Electronic Commerce Act, carried by the late Committee Chairwoman Gwen Moore (D-L.A.) and enacted in 1984. E-commerce typically uses the web for at least a part of a transaction's life cycle although it may also use other techno ...
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E-commerce
E-commerce (electronic commerce) is the activity of electronically buying or selling of products on online services or over the Internet. E-commerce draws on technologies such as mobile commerce, electronic funds transfer, supply chain management, Internet marketing, online transaction processing, electronic data interchange (EDI), inventory management systems, and automated data collection systems. E-commerce is in turn driven by the technological advances of the semiconductor industry, and is the largest sector of the electronics industry. Defining e-commerce The term was coined and first employed by Dr. Robert Jacobson, Principal Consultant to the California State Assembly's Utilities & Commerce Committee, in the title and text of California's Electronic Commerce Act, carried by the late Committee Chairwoman Gwen Moore (D-L.A.) and enacted in 1984. E-commerce typically uses the web for at least a part of a transaction's life cycle although it may also use other techno ...
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Russell 1000 Index
The Russell 1000 Index is a stock market index that tracks the highest-ranking 1,000 stocks in the Russell 3000 Index, which represent about 93% of the total market capitalization of that index. , the stocks of the Russell 1000 Index had a weighted average market capitalization of $608.1 billion and a median market capitalization of $15.1 billion. , components ranged in market capitalization from $1.8 billion to $1.4 trillion. The index, which was launched on January 1, 1984, is maintained by FTSE Russell, a subsidiary of the London Stock Exchange Group. The ticker symbol is ^RUI. There are several exchange-traded funds and mutual funds that track the index. Record values Annual returns Top sectors by weight *Technology *Consumer Discretionary *Health Care *Industrials *Financial services Top 10 holdings *Apple () *Microsoft () *Amazon () *Alphabet (Class A) () * Tesla () *Alphabet (Class C) () * Meta () *Nvidia () *Berkshire Hathaway () *UnitedHealth Group () (as of December ...
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Copley Place
Copley Place is an enclosed shopping mall within the mixed-use Copley Square in the Back Bay neighborhood of Boston, Massachusetts. It features direct indoor connections to several nearby destinations including four office towers, and the Boston Marriott Copley Place and Sheraton Boston hotels. The mall is connected to the Prudential Center shopping mall via a skybridge over Huntington Avenue. The mall currently features Neiman Marcus and Saks Fifth Avenue. In November 2019, the online business news website MassLive rated Copley Place as fourth, and the immediately adjacent Prudential Center as fifth best among 40 malls and shopping centers in Massachusetts. Description The bi-level indoors mall is noted for its upscale fashion stores, including Ralph Lauren, Christian Dior, John Varvatos, Michael Kors, Tory Burch, Victorinox Swiss Army, Porsche Design, Tiffany & Co., Jimmy Choo, David Yurman, Louis Vuitton, Salvatore Ferragamo, Saint Laurent, Ermenegildo Zegna, Burber ...
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Back Bay
Back Bay is an officially recognized neighborhood of Boston, Massachusetts, built on reclaimed land in the Charles River basin. Construction began in 1859, as the demand for luxury housing exceeded the availability in the city at the time, and the area was fully built by around 1900. It is most famous for its rows of Victorian brownstone homes—considered one of the best preserved examples of 19th-century urban design in the United States—as well as numerous architecturally significant individual buildings, and cultural institutions such as the Boston Public Library, and Boston Architectural College. Initially conceived as a residential-only area, commercial buildings were permitted from around 1890, and Back Bay now features many office buildings, including the John Hancock Tower, Boston's tallest skyscraper. It is also considered a fashionable shopping destination (especially Newbury and Boylston Streets, and the adjacent Prudential Center and Copley Place malls) and home ...
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Institutional
Institutions are humanly devised structures of rules and norms that shape and constrain individual behavior. All definitions of institutions generally entail that there is a level of persistence and continuity. Laws, rules, social conventions and norms are all examples of institutions. Institutions vary in their level of formality and informality. Institutions are a principal object of study in social sciences such as political science, anthropology, economics, and sociology (the latter described by Émile Durkheim as the "science of institutions, their genesis and their functioning"). Primary or meta-institutions are institutions such as the family or money that are broad enough to encompass sets of related institutions. Institutions are also a central concern for law, the formal mechanism for political rule-making and enforcement. Historians study and document the founding, growth, decay and development of institutions as part of political, economic and cultural history. Def ...
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Newbury Street
Newbury Street is located in the Back Bay area of Boston, Massachusetts, in the United States. It runs roughly east–west, from the Boston Public Garden to Brookline Avenue. The road crosses many major arteries along its path, with an entrance to the Massachusetts Turnpike westbound at Massachusetts Avenue. Newbury Street is a destination known for its many retail shops and restaurants. Description East of Massachusetts Avenue, Newbury Street is a mile-long street lined with historic 19th-century brownstones that contain hundreds of shops and restaurants, making it a popular destination for tourists and locals. Most of the "high-end boutiques" are located near the Boston Public Garden end of Newbury Street. As the address numbers climb, the shops become slightly less expensive and more bohemian up to Massachusetts Avenue. West of Massachusetts Avenue the street borders the Massachusetts Turnpike on its unbuilt southern side, while the northern side is reserved mainly for parki ...
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Home Décor
Interior design is the art and science of enhancing the interior of a building to achieve a healthier and more aesthetically pleasing environment for the people using the space. An interior designer is someone who plans, researches, coordinates, and manages such enhancement projects. Interior design is a multifaceted profession that includes conceptual development, space planning, site inspections, programming, research, communicating with the stakeholders of a project, construction management, and execution of the design. History and current terms In the past, interiors were put together instinctively as a part of the process of building.Pile, J., 2003, Interior Design, 3rd edn, Pearson, New Jersey, USA The profession of interior design has been a consequence of the development of society and the complex architecture that has resulted from the development of industrial processes. The pursuit of effective use of space, user well-being and functional design has contributed ...
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Office
An office is a space where an Organization, organization's employees perform Business administration, administrative Work (human activity), work in order to support and realize objects and Goals, plans, action theory, goals of the organization. The word "office" may also denote a position within an organization with specific duties attached to it (see officer (other), officer, office-holder (other), office-holder, official); the latter is in fact an earlier usage, office as place originally referring to the location of one's duty. When used as an adjective, the term "office" may refer to business-related tasks. In legal, law, a company or organization has offices in any place where it has an official presence, even if that presence consists of (for example) a storage silo rather than an establishment with desk-and-office chair, chair. An office is also an architectural and design phenomenon: ranging from a small office such as a Bench (furniture), bench in th ...
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Luggage
Baggage or luggage consists of bags, cases, and containers which hold a traveler's personal articles while the traveler is in transit. A modern traveler can be expected to have packages containing clothing, toiletries, small possessions, trip necessities. On the return trip, travelers may have souvenirs and gifts. For some people, luggage and the style thereof is representative of the owner's wealth and status. Luggage is constructed to protect the items during travel either with a hard shell or a durable soft material. Luggage often has internal subdivisions or sections to aid in securing items. Handles are typically provided to facilitate carrying, and some luggage may have wheels and/or telescoping handles or leashes to make moving them easier. Baggage (not luggage), or ''baggage train'', can also refer to the train of people and goods, both military and of a personal nature, which commonly followed pre-modern armies on campaign. Overview Luggage has changed over time. Hist ...
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