Wayfair’s New Year Sale Has Some of the Deepest Discounts We’ve Ever Seen (Including a Velvet Loveseat for 65% Off!)

Swivel chairs are having a moment, and this stylish option shows exactly why they're so popular. This sophisticated and comfortable chair includes throw pillows and comes in five different colorways, making it perfect for living areas, dining rooms, and beyond. I can’t believe that it’s 72% off right now.

I don’t have a dishwasher, so I’m always washing dishes. I add some extra space for drying with this roll-up dish rack. Designed to fit over your sink, this durable rack provides an easy spot to air-dry washed items such as fruits, vegetables, dishes, and glassware. Remarkably, it can safely support up to 85 pounds.

This charming loveseat is a great fit for small spaces, according to our editors who put all the Wayfair sofas to the test. They especially loved its vintage flair and the fact that it comes in ten different velvet colors. Even better? The ivory option is currently 65% off! While it was one of the firmest and smallest sofas they reviewed, our editors suggest simply adding a couple of throw pillows to make it a more comfortable lounging spot.

Short on space or just need a stylish spot to put your feet up? This chic little ottoman is the ideal addition to your living room or bedroom. It's a TikTok favorite that's available in seven colors and your choice of on-trend bouclé or velvet fabric, and beyond its good looks, its standout feature is the hidden storage. Use it to tuck away extra blankets, reading material, or anything else you want to keep handy but out of sight.

Refresh your collection of mismatched mugs with this elegant set. They’re stackable, microwave- and dishwasher-safe, and come in five color options. The set includes four, and each can hold 12 ounces of liquid. Snag them now while they’re 31% off!

This slim cabinet, a verifiable social media sensation and reader-favorite, is the ultimate shoe storage solution. Its gorgeous rattan front hides a host of shoe compartments (It can fit up to 12 pairs!), making it a beautiful and practical addition to any entryway by banishing shoe clutter.

Looking for a new sofa? Consider this stylish and functional find from Sand & Stable. This convertible sofa features sleek faux leather upholstery and a modern aesthetic, making it an excellent fit for almost any space. It’s also ideal for hosting overnight visitors, as it easily and quickly transforms into a comfortable bed.

A consistent favorite among our readers, editors, and overall bestsellers, the Sinclair Machine-Washable Rug is a stunning collaboration between Magnolia Home by Joanna Gaines and Loloi. Despite its low pile, "I was impressed with how soft this was," says contributor Morgan, adding, "I’m usually a fan of super fluffy rugs." Morgan notes that the rug's appealing style and soft feel, combined with its low pile and easy washability, make it the perfect choice for high-traffic areas.

Need more storage? The Braya Hydraulic Lift-Up Storage Upholstered Platform Bed is as stylish as it is functional. It features a hidden, easily accessible storage area beneath the mattress, perfect for tucking away clutter. With chic horizontal channel-tufting and seven colors available, this bed is a perfect marriage of design and organization. Best of all, it’s 65% off.

The versatile Sauteuse is a fantastic value and offers the functionality of three separate pieces in one. This option replaces a deep sauté pan, a fry pan, and a Dutch oven, which not only saves you money but also frees up cabinet space. You can still snag it on sale for 37% off in White, Shallot, and Peche.

Our contributors agree that adding a full-length mirror can make your space feel bigger and brighter. This oversized option (64x21 inches) is versatile, as you can hang it on the wall or use the included stand to place it anywhere. It comes in a black, gold, or silver frame, and is available in two additional sizes, with savings of up to 77% off!

This sideboard cabinet is described by one happy shopper as "beautiful," thanks to its retro-chic aesthetic and smooth, rounded silhouette. Functionally versatile, it includes adjustable shelves and sliding doors, making it an excellent storage solution for entryways, living rooms, kitchens, and more. It's available in oak, brown, white, and black (which has the lowest price tag).

Add a mid-century vibe to your dining room with these faux leather chairs. The set comes with two, and you can choose from green, brown, black, or beige upholstery. They swivel 360 degrees, and one shopper raves, “The way they turn makes conversing with those on your left or right so much easier.” Get them while they’re 52% off!