Tilson: Wayfair Doubles Down On Poisoning Its [And Its Partners'] Customers

Wayfair Doubles Down On Poisoning Its (And Its Partners’) Customers by Whitney Tilson

Disclosure: I am/we are short WAYFAIR. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose stock is mentioned in this article.

Summary

I had three items of furniture sold by Wayfair tested for formaldehyde, and two of them showed toxic levels.

In addition to selling these two items on its own website, the company is selling them on the websites of the partners for which it does fulfillment.

I suspect that these two toxic cabinets are only the tip of the iceberg.

Wayfair continues to sell both and actually slashed the...