GreatPricedFurniture.com Makes the Internet Retailer Top 500 List
Wilmington, NC-based Great Priced Furniture ranked among the 500 Top U.S. e-retailers in 'Internet Retailer' magazine study.
Wilmington, NC (PRWEB) August 20, 2008 -- For the second consecutive year, Wilmington, NC-based Great Priced Furniture has been ranked among the 500 Top U.S. e-retailers in a study recently published by 'Internet Retailer' magazine. These e-retailers are leaders of the $166-billion web-based retailing industry, and in 2007 accounted for 61% of all online sales. Catalogers and 'web only' merchants grew their online sales faster than anyone else, achieving growth rates of 30.8% and 22.2%, respectively.
This definitive ranking and analysis of America's 500 largest e-retailers is based on annual 2007 Internet sales, researched by 'Internet Retailer' and confirmed by retailers. The report includes company financial, operational and performance data, as well as vendors in 18 key categories.
Great Priced Furniture were one of the early pioneers of online furniture stores and have achieved an average annual sales revenue growth of 112% since 1999. With over 6,500 product listings on their web-site, they are North Carolina's largest Internet furniture retailer.
"Being a niche web merchant with competitive pricing and a product line that features eco-friendly furniture helped GreatPricedFurniture.com remain a Top 500 retailer," says Kurt Peters, editor in chief, Internet Retailer.
Great Priced Furniture founder and President Fred Rose attributes his privately-owned company's expanding performance to strong alliances with high-profile, big brand furniture manufacturers and an appealing web site that attracts large numbers of world-wide visitors 24/7.
"Great Priced Furniture fulfills most customers' furniture orders in 4 weeks or less on in-stock items," says Rose. "We are also seeing a significant spike in our International business and have fulfilled orders to customers in fifteen different countries around the world. Our web site now displays a tremendous selection of quality furniture in a wide variety of price points from a $150 bar stool to a $10,000 bedroom set."
About GreatPricedFurniture.com
One of the early pioneers of online furniture retailing, Great Priced Furniture is North Carolina's largest Internet furniture retailer.
Great Priced Furniture's online furniture store sells a wide range of premium brand name bedroom, dining room, office, living room, kitchen, children's and baby furniture. Manufacturers include Lexington Home, Broyhill Furniture, American Drew, AICO, Pulaski, Magnussen Home, Stanley Furniture, Lane, Kathy Ireland Home by Standard, Hooker Furniture, Universal Furniture, Young America and Serta Mattress.
All furniture sold on the GreatPricedFurniture.com web site is backed by a 30 day, full satisfaction, money-back guarantee -- a first in Internet furniture retailing.
For more information, contact:
Fred Rose
President, Great Priced Furniture
Tel: 1-877 309 3409
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