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Home » Williams-Sonoma, Wayfair, Macy’s: Retailers on the move

Williams-Sonoma, Wayfair, Macy’s: Retailers on the move

    A trio of retail stocks are trending on Friday.  Williams-Sonoma (WSM) shares fell after CEO Laura Alber sold 20,00 shares of the company's stock. Yahoo Finance spoke to Alber about her outlook for the company at the World Economic Forum in Davos, Switzerland.  Wayfair (W) shares soared after the e-commerce retailer announced it was cutting 1,650 jobs, or about 13% of its workforce. Macy's (M) is another retailer cutting jobs. It's shedding about 2,350 positions and closing five stores. Yahoo Finance's Rachelle Akuffo and Akiko Fujita report the details.  For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Stephanie Mikulich

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