CSN Stores named 2nd largest online retailer for home
HTT Staff -- Home Textiles Today, 6/3/2011 2:42:12 PM
Boston - Internet Retailer's 2011 Top 500 list of the largest retail web sites ranked CSN Stores as the second-largest online retailer of housewares and home furnishings, exceeding $380 million in 2010 sales.
The ranking places CSN, which sells more than three million items from over 5,000 brands - including home textiles - ahead of Crate & Barrel for the first time.
Compared to all online retail sites, CSN is ranked number 51 out of the Top 500 and holds the number 10 spot for retailers operating solely on the web.
"We're delighted with this year's rankings," said Niraj Shah, CSN Stores' ceo and co-founder. "We chose to invest heavily in our expansion a few years ago, despite the recession. And those investments have really paid off for us. We've also hired a very talented group of 750 people globally to fuel our growth now and in the years to come."
CSN's first quarter performance in 2011 is up by more than 56%. The company hired 250 people last year and has added 100 staffers so far in 2011. Earlier this month, CSN opened a second operations and distribution center, in Ogden, Utah.
The privately-held company's websites include AllModern.com, Luggage.com, Cookware.com and BedroomFurniture.com. CSN recently launched its first flash sale site, Joss & Main, which offers 72-hour sales of luxury goods for the home at up to 70% off.
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