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CITY OF INDUSTRY, Calif. – Newegg.com, second-largest online-only retailer in the U.S., today announced that it was honored with an Everything Channel & RetailVision Fast Growth award. The Fast Growth awards showcase the fastest growing retailers in the industry today.
Selected by Everything Channel Editors, the Fast Growth Awards honor retailer/E-tailers for their total percentage revenue increases from 2005 to 2007, customer service and satisfaction, the strength of their business strategy, and visibility in the industry.
“The 2008 Everything Channel & RetailVision Fast Growth award winners demonstrate the true strength of the vital retail Channel, and we congratulate each of them on their significant achievement,” said Nancy Hammervik, vice president, Everything Channel Events.
The awards were presented at RetailVision Fall, the premier global event for the retail channel that took place last week in San Diego, CA. RetailVision has been the recognized leader in bringing together established and emerging vendors with top 100-level retailers for nearly 20 years.
“This is a truly exciting achievement for Newegg,” said Bernard Luthi, vice president of merchandising, Newegg. “We strive to provide the best possible shopping experience on the web and pride ourselves in having some of the most passionate and loyal customers in the industry. We owe our success to our customers’ support and thank Everything Channel and Retail Vision for recognizing our accomplishment."
Founded in 2001, Newegg.com is among the most popular online retailers in the U.S. today. The company believes that its unwavering commitment to customer service has been the driving force behind its success over the years and has allowed it to become one of the fastest growing companies in the retail space.
RetailVision Fall is the event where new consumer technology products and channel programs are unveiled, retailer-vendor relationships are forged, and critical retail merchandising decisions are made. Decision makers from top 100-level merchants, who are responsible for offering products and services to the consumer market, attend as well as sales and marketing executives of participating vendor companies represent a full range of emerging technology products and channel services.
Newegg.com is the second-largest online-only retailer in the United States. Founded in 2001, Newegg has more than 9.4 million registered users and earns industry-leading customer service ratings. At its award-winning Web site, www.newegg.com, shoppers can compare a comprehensive selection of the latest high-tech products, view detailed descriptions, pictures, how-to information and customers reviews, and interact with members of the technology enthusiast community. Newegg.com is headquartered in City of Industry, Calif. For more information, visit www.newegg.com.
About Everything Channel (www.everythingchannel.com, www.channelweb.com)
Everything Channel, formerly CMP Channel, is the one-stop-shop for accessing, enabling and accelerating technology sales channels. From branding and recruiting to marketing and sales, Everything Channel offers technology marketers the unmatched breadth and depth of global brands and market intelligence combined with an unparalleled audience loyalty and credibility serving all technology sales channels. Through innovative sales and marketing solutions, Everything Channel arms the sellers of technology with the resources they need to achieve measurable and significant results. Everything Channel is a subsidiary of United Business Media (http://www.unitedbusinessmedia.com/), a global provider of news distribution and specialist information services with a market capitalization of more than $2.5 billion.