CSN Stores Hits 7-Year Sales High at Midpoint of 2010
Ongoing Sales Surge Yields Major Growth For Third-Largest Online Home Goods Retailer
BOSTON, July 30 /PRNewswire/ -- CSN Stores, the third-largest online retailer of home goods in the U.S., has had its best year ever so far. Compared to the same period last year, sales in Q1 and Q2, 2010 are 60 percent higher.
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At the same time, CSN has increased its staff significantly in the past year, moving up from 400 to 650+ to help drive and manage the company's ongoing expansion both in North America and overseas in the U.K. and Germany.
"Though the economy continues to fluctuate, we believe that Q3 and Q4 will be even busier and better for CSN than the first half of the year," said CSN Stores CEO and Co-Founder Niraj Shah. "Most of our 22 categories, both new and established, have seen significant growth. Barring any major economic setback, the Back-To-School and Holiday seasons should expedite that growth."
Some of the fastest-growing categories at CSN Stores so far this year include: Toys (up 155 percent); Housewares (up 101 percent); Upholstery (up 178 percent); Bedding (up 128 percent); and Pet Goods, which increased by 279 percent over the same period last year.
Among CSN Stores' many emerging categories, the flooring business (including hardwood flooring, laminate, vinyl, and bamboo) is one of the fastest-growing. Since launching this time last year, sales for that category have increased by more than 750 percent.
Founded in 2002, CSN Stores (www.csnstores.com) is a $300 million+, privately owned company, comprised of 200+ online stores in North America, the U.K., and Germany providing unparalleled selection, great customer service and significant savings. CSN's sites include: Cookware.com, BedroomFurniture.com, Luggage.com, AllModern.com, and many more.
Based in Boston, Mass., CSN offers 1.5 million+ products from more than 4,000 brands. CSN is the No. 3 online retailer of housewares and home furnishings in the U.S., according to Internet Retailer.
SOURCE CSN Stores
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