North America’s premier online shopping club, Beyond the Rack, today announced that it has been recognized as the fastest growing online retailer in Internet Retailer’s 2011 Top 500 Guide. Internet Retailer’s definitive ranking and analysis of America’s 500 largest e-retailers is based on annual 2010 Internet sales, researched by Internet Retailer and confirmed by retailers. This report includes company financial, operational, and performance data, as well as vendors in key categories.
“BeyondtheRack.com was the fastest-growing online retailer in this year’s top 500 rankings and the fastest-growing Web-only merchant,” says Mark Brohan, Vice President of Research for Internet Retailer and Editor of the Top 500 Guide. “They achieved this position by concentrating on diversification and meeting the needs of their mid-market audience of Web shoppers.”
“Over the past two years, we’ve grown from a four person start-up with a dream, into one of the market leaders in the e-commerce space with over 230 devoted, energetic team members in Montreal, New York, and Toronto, as well as 4 million consumer members across North America. Internet Retailer is one of the most prestigious and influential national business magazines, and we are honored to rank as the fastest growing e-tailer. This marks another major milestone on our journey, and we could not have done it without the support from our dedicated teammates and vendors,” says Beyond the Rack CEO, Yona Shtern.
Beyond the Rack, North America’s premier online shopping club offers its members the most sought-after designer brand apparel, accessories, beauty products, home decor, and leisure travel packages at up to 70% off retail. Ranked by Internet Retailer as the fastest-growing e-tailer in 2010, Beyond the Rack sells its products in the context of two-day, first-come, first-served, limited-quantity events. Members can expect up to 15 new events each day, starting at 11AM ET. The privately held company has offices in Montreal and New York, with a staff of 230 full-time employees. To date, Beyond the Rack proudly serves 4 million members across North America.
