Online Stores Inc. Undercuts Competitors, Named Fastest Growing Retail Company in Pittsburgh
Online Stores Inc., an online retailer of American flags, tea, safety equipment and gifts was named the fastest growing retail business in Pittsburgh by the Pittsburgh Business Times August 24th 2006. The company best selling American flag sells for 25% less than the equivalent item at our competitor's stores.
New Stanton , PA (PRWEB) September 11, 2006 -- Online Stores Inc is the largest online vendor of American flags and flagpoles through its flag website United-States-Flag.com. The company’s most popular product, the benchmark 3ftx5ft sewn nylon American flag, is available at just $14.75. Other retailers offer equivalent American flags at prices ranging from $19.86 to over $26. The low prices and great customer service are a bit hit with the companies 300,000 customers. Over 60% of sales are to existing customers, including businesses, government and retail customers.
 With sales growing at over 60% a year, Online Stores Inc was named as the fastest growing retail company in Pittsburgh by Pittsburgh Business Times, at the 10th annual award event on August 24th. The company was 19th overall in the ranking, which honors the fastest-growing, privately held companies in the region. The award measures a company's revenue growth over the last 2 business years, 2004 and 2005. Smaller companies with sales less that $500,000 in 2004 are excluded. Online Stores Inc had sales growth of 125% over the 2 year period.
The top 100 companies were also ranked on employment growth. Online Stores was ranked second overall in this category with growth of 567%. Receiving the award Kevin Hickey, VP of Marketing, said “We are delighted to receive this award. We attribute our success to the hard work of our staff, and the high quality products we sell at low prices. We would like to thank our 300,000 plus customers for their support. I am pleased to report that our fast growth is continuing in 2006”.
Online Stores successful formula is based on user-friendly Web sites, quality products at low prices & excellent customer service. The company also operates EnglishTeaStore.com and DiscountSafetyGear.com. A new Gift Idea Store - 1GiftIdea.com was introduced in August 2006 which offers a wide range of gift items for birthdays, Christmas & special occasions.
For further information contact Kevin Hickey at Online Stores Inc., or visit OnlineStores.com.
About Online Stores Inc.
Was founded as a home based business by Lisa & Kevin Hickey in 2002. The company has experienced rapid growth. It currently employs 50 people and expects over $12 million in annual sales in 2006. Online Stores recently moved to an 85,000 square-foot location in New Stanton, Pa. Some of its best-selling items include an extensive line of American flags
Contact Kevin Hickey
VP Marketing
Online Stores Inc
1000 Westinghouse Dr
New Stanton, PA 15672
724 925 5600 ext 627
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