Retail Focus 5/13/17 – Wayfair’s Sales Numbers Increase, Mother’s Day & Retail

Despite remaining unprofitable, Wayfair’s top line sales increased during the last quarter, and we take a glance at initiatives that might drive future profitability. We cover department store earnings with Macy’s and JCP, another bankruptcy in the grocery space, Whole Foods’ attempt to get back on track, and how Mother’s Day as a holiday impacts retail.