Great Priced Furniture’s Fast Growth Recognized

September 24, 2008  by in UnCategorized   

By Home Furnishings Business in Case Goods on September 2008 Great Priced Furniture, a North Carolina Internet retailer, has been named to Inc. Magazine’s ranking of the nation’s fastest-growing companies. The Wilmington, N.C.-based retailer had revenue growth of 88.4 percent, and sales reached $5.6 million in 2007.

The magazine’s lists and profiles the nation’s fastest-growing privately held companies. Great Priced Furniture also made the list last year.

President Fred Rose attributes the company’s growth rate to a number of factors including overseas sales.

“Despite a sluggish economy, our domestic sales have remained strong and we have also created significant extra sales volume with international sales,” Rose said. “The weak dollar exchange rate is proving very attractive to overseas customers and it has spurred our overall sales.”

Great Priced Furniture (www.greatpricedfurniture.com) specializes in selling brands such as American Drew, Lexington, AICO, Hooker and Stanley. The company, which has 23 employees, fulfills most customer orders in four weeks or less, which it claims is faster than ordering from a traditional furniture store. The company offers a 30-day, full satisfaction, money back guarantee, which it says is a first for Internet furniture sellers.