PartStore.com Soars From #401 to #350 on Internet Retailers Top 500 List
Posted on: Wednesday, 5 August 2009, 13:13 CDT
NEW YORK, Aug. 5 /PRNewswire/ -- PartStore.com, the world's largest online parts retailer, announces that it has moved up the ranks of highly respected Internet Retailer's Top 500 List. The e-tailer has experienced 32% sales growth in Q3 and Q4 of 2008 and 53% sales growth in the first half of 2009.
For PartStore.com, moving from 401 in 2008 to 350 in 2009 on Internet Retailer's Top 500 list in one year is a tremendous achievement. "Our growth last year led to a leap of 51 places on the Top 500 List," says Dan Seligson, SVP Retail and E-Commerce, "to see that rate of growth is remarkable."
Internet Retailer's definitive ranking and analysis of America's 500 largest e-retailers is based on annual Internet sales, researched by Internet Retailer and confirmed by retailers. This report includes company financial, operational and performance data, as well as vendors in 16 key categories.
Today, with over 8 million products in its catalog, Partsearch Technologies provides replacement parts and accessories for virtually every product in the home, from air conditioners, power adapters, batteries, cables, lamps and bulbs to circuit boards, color wheels, light engines and water filters.
PartStore.com, which joins other notable e-retailers on this years' list such as Target, Staples, Apple and Walmart.com, plans continued focus on the initiatives that have helped build their success thus far. "We have created a culture focused on rapid execution. We make decisions based upon competitor benchmarking and customer feedback and deliver a large number of projects quickly," says Seligson, "building online marketing campaigns and private label solutions have also helped drive revenue in the past and will continue to do so in the future."
About Partsearch Technologies
Partsearch Technologies, based in New York City, is the leading replacement parts platform for consumer durable goods. Since 2001, Partsearch has been providing parts procurement services to major retail partners, warranty administrators and their customers. Partsearch also operates its own online store at www.partstore.com. Partsearch has created the only industry standard Master Parts Catalog with over 8 million unique parts, and a parts-specific virtual supply chain across hundreds of major brands and multiple product categories. For more information visit Partsearch Technologies at http://www.partsearch.com.
About Internet Retailer
Published by Chicago-based Vertical Web Media LLC, Internet Retailer is a monthly national business magazine, web site, conference and directory that serve the retailing community. The Internet Retailer family of products focuses on the Internet's vital role in a wide array of retailing activities, including web merchandising, supply chain management and multi-channel integration.
SOURCE Partsearch Technologies
Source: PR Newswire
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