SAN FRANCISCO (PRWEB) March 03, 2016
Storefront, the world’s largest online marketplace for connecting emerging and global brands with short-term retail spaces, today announces its collaboration with the MasterCard Easy Savings® program. Brands participating in the program will be eligible for a rebate of up to 5% for booking retail space through thestorefront.com.
Launched in 2012, Storefront has become the platform of choice for creating brick-and-mortar experiences to connect brands with their audiences and grow their presence. Storefront eases the process of short-term retail rentals, mainly by offsetting the hefty upfront costs and long-term contracts, and has more than 10 million square feet of total retail space available.
“We’re thrilled to work with MasterCard and it couldn’t have come at a more exciting time,” said Erik Eliason, co-founder and CEO of Storefront. “As the retail landscape evolves and short-term rentals become more desirable, MasterCard small business cardholders will benefit from additional financial support as they look to test and expand their brick & mortar presence.”
Since 2012, Storefront has a network of 30,000 registered renters and has powered more than 3,000 short-term retail experiences from today’s leading emerging and global brands, including Jawbone, Indochino, Ministry of Supply, Mizzen & Main, and Orley.
“We designed the MasterCard Easy Savings program to provide much needed automatic rebates to help support growing local businesses,” said Eugene DeSilva, senior vice president, North America commercial products for MasterCard. “Our collaboration with Storefront means that businesses can increase their footprint in an affordable manner which helps them connect with consumers.”
Originally launched in four cities across the U.S. (San Francisco, New York, Chicago, Los Angeles), Storefront recently expanded its presence to Boston, Washington, D.C., Atlanta, and Miami to bring the world of creative and innovative retail to consumers who are looking for more in a shopping experience.
Storefront is the world’s largest online marketplace for connecting emerging and global brands interested in physical retail with short-term retail spaces. It removes the friction brands often face when renting short-term retail spaces, including upfront costs and long-term contracts. More than 3,000 short-term storefronts from today’s leading emerging and global brands have been powered through the platform, with more than 4,000 storefronts already planned for 2016. Storefront has a presence in eight cities across the U.S., and offers more than 10 million square feet of available retail space to brands interested in having a unique and accessible offline presence. Storefront was founded in 2012 and is based in San Francisco. For more, visit http://www.thestorefront.com and follow @Storefront on Twitter.