Press Releases
Furniture E-retailer Broadspan Commerce Among America's Fastest Growing Private Companies
Leader in online retailing of home furnishings ranks #313 on Inc. 500
August 23, 2007
New Brunswick, NJ - August 23, 2007 - Broadspan Commerce, the industry leading online retailer of home furniture, has been selected as one of the five-hundred fastest growing private companies in America by Inc. Magazine. The 2007 list will be featured in Inc.'s September issue. This is Broadspan Commerce's first year making the Inc. 500.
The Inc. 500 list, which considers growth percentage over the past three years, is famous for selecting fast-growth companies that emerge into national success stories, such as Timberland, Domino's Pizza, and Microsoft. Inc. listed Broadspan Commerce as #313, with a three-year growth of 845.9% and revenue of $5.2 million. Broadspan Commerce is one of just twenty-seven retailers nationwide to make the list, and is the 13th fastest growing privately-held retail company in the nation, and the 2nd fastest growing in the NY-NJ-PA tri-state area. Outside the retail industry, Broadspan is the 24th fastest growing privately-held company in the tri-state area.
Broadspan's profile in the list highlights their flagship furniture store, Directly Home Furniture, attributing its success to a deep product line featuring over 100 furniture manufacturers and a strong focus on "developing product-comparison tools and other technology to improve the customer experience."
"We are thrilled to have been selected by Inc. Magazine to this prominent list of successful private companies, and it is an honor to be featured with the bright stars of our economy," said Brian Salau Beck, Broadspan's CEO. "The phenomenal growth we have experienced is a result of our team of highly dedicated and skilled individuals, and our strategy of bringing great quality furniture to consumers at tremendous value prices. Consumers are increasingly comfortable in making large purchases over the Internet, and our approach has positioned us as a leader in the high growth e-commerce marketplace."
About Broadspan Commerce
Broadspan Commerce, LLC is the leader in online retailing of Products for Living - from beds and rugs to sofas, tables, and lamps - targeting consumers, businesses, interior designers, and other trade professionals. Since the company's founding in 2003, Broadspan Commerce has delivered its products to tens of thousands of satisfied customers throughout the United States. Broadspan Commerce's recipe for success is convenience, value, and fashion. The Company maintains a commitment to provide its customers with a convenient shopping experience, quick shipping, and industry-leading customer service. Broadspan Commerce is headquartered in New Brunswick, New Jersey, and maintains complete data and call center service facilities to support its customers. For more information about Broadspan Commerce, visit the Company's web sites at TotalBedroom.com, DirectlyHome.com, and Buying-Bar-Stools.com, e-mail info @ broadspancommerce.com, or call 732-418-5300.
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