BOSTON, MA -- (MARKET WIRE) -- 04/18/08 -- The Boston Business Journal (BBJ) has ranked CSN
Stores, LLC as No. 4 out of the Top 60 fastest-growing private companies in
Massachusetts. With 2007 sales of more than $200 million, CSN was also one
of the largest companies participating in today's Second Annual Pacesetters
Awards ceremony at the Sheraton Boston.
The award recognizes CSN's founders, CEO Niraj Shah and Chairman Steven
Conine for their skills in managing a rapidly growing company, showing
robust revenues and creating business strategies that have led to success
in a competitive business environment.
CSN Stores received this honor
based on information gathered and assessed by the BBJ that detailed the
company's performance from 2004 to 2007. CSN's 2007 sales increased 83%
from 2006 and 638% from 2004. The company has implemented aggressive plans
to continue expanding in 2008 and beyond.
"Our growth has been very gratifying," said Shah. "Despite the country's
recent economic struggles, our sales continue to increase thanks to our
unique value proposition, which offers our customers unparalleled product
selection, great service and substantial savings -- simultaneously. We're
delighted that the Boston Business Journal has recognized our growing
business through this prestigious award."
"CSN is helping to lead the way in the consumer e-commerce space here in
Boston," said BBJ Editor George Donnelly. "We're thrilled that CSN
participated in the Pacesetters selection process this year and we look
forward to tracking the company's continued success in the years to come."
About CSN Stores: CSN Stores, LLC, (www.csnstores.com), an Inc. 500
company, was ranked among the Top 10 online retailers in the home and
garden category by Internet Retailer in 2007. CSN maintains over 200 Web
sites in niche market segments. Selling over one million products, CSN
offers consumers the largest selection of leading brands online, great
service, and low prices. Stores include: AllModern.com, Luggage.com, BabyCarSeats.com, PubSets.com,
HomeTheaterSeatingOnline.com, and WritingDesksAndMore.com. Shop easy at
CSN.
About the Pacesetters: The Pacesetters list was determined by survey
information gathered and analyzed by the BBJ from private companies
throughout Greater Boston. Sixty companies were selected based on their
revenue growth between 2004 and 2007, which had to exceed at least $1
million as of 2004.
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