Market Overview

Wayfair To Open New Facility In Savannah, Add 1,000 Jobs


Wayfair Inc (NYSE: W) aims to further expand its operations in Georgia. The company plans to open a new industrial center in the Savannah.

The new facility, which will span 1.1 million square foot, is expected to be opened in April 2019.

The online home goods retailer is looking to hire people and planning to add approximately 1,000 new jobs at its new center. The jobs will include positions in supervisory, administrative and warehouses.

These facilities are likely to better cater to customers' needs and enhance other related services.

In the logistics space, Wayfair has been working to make changes to its fulfillment model for ensuring faster delivery of products. At the end of 2017, the company had about 7.5 million square feet of space (up from 1 million square feet in 2016) in the United States and Europe, across its CastleGate facilities and Wayfair Delivery Network (WDN) centers that are huge.

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The preceding article is from one of our external contributors. It does not represent the opinion of Benzinga and has not been edited.

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