- Cymax Stores
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Cymax Stores Inc. Type Private Industry E-tail Founded 2004 Headquarters 
Vancouver, British Columbia, CanadaKey people Arash Fasihi Founder Products Home & Office Furniture, Appliances, Etc. Revenue $81 million (2009) Employees Approx. 130 Website www.cymax.com Cymax Stores Inc. is a privately held Canadian online retailer headquartered in Vancouver, British Columbia that primarily services the United States[1]. The company has been expanding steadily since its inception in 2004, and currently sells product on 115 niche web sites[2].
Contents
History
Cymax Stores was founded in 2004 by Arash Fasihi, selling primarily television stands and entertainment furniture. The business launched its first website specializing in TV stands, Audio-Video-Furniture.com, in the fall of 2004[3]. Currently operating with 115 specialty stores, Cymax retails merchandise from a variety of categories including audio-video furniture, bedroom furniture, office furniture, consumer electronics, small kitchen appliances, houseware products, baby furniture and accessories, and other commercial goods. The company has grown considerably since its founding with reported sales exceeding $80 million for 2009[4], placing it in the top 167 E-tailers in the world as scored by Internet Retailer Magazine [5]. The CEO and founder, Arash Fasihi, was recently nominated for the Ernst & Young Entrepreneur of the Year Award 2010 (Pacific Region, Business to Consumer Category)[6].
Ratings
2007 - Ranked 247th in the Internet Retailer Top 500 Internet Companies index [4]
2008 - Ranked 200th in the Internet Retailer Top 500 Internet Companies index [5]
2009 - Ranked 167th in the Internet Retailer Top 500 Internet Companies index [7]
2010 - Ranked 168th in the Internet Retailer Top 500 Internet Companies index [7]News
Cymax & eBill Me Case Study
Cymax NewsReferences
- ^ http://www.internetretailer.com/article.asp?id=27274
- ^ Atkinson, Cathryn (Wednesday, November 5, 2008), The Birth of an E-Mall, Toronto: The Toronto Globe & Mail, https://secure.globeadvisor.com/servlet/ArticleNews/story/gam/20081105/SRMEDIUMECOMMERCE_ART_1844
- ^ Meisner, Jeff (Wednesday, September 17, 2008), Cymax Stores: The Little Online Furniture Shop That Could, E-Commerce Times, http://www.ecommercetimes.com/story/64521.html?wlc=1253566641
- ^ a b http://www.internetretailer.com/article.asp?id=29141
- ^ a b http://www.internetretailer.com/article.asp?id=30760
- ^ http://www.ey.com/CA/en/Newsroom/News-releases/2010-EOY-finalists-Pacific/
- ^ a b http://www.internetretailer.com/top500/profiles/cymax-stores-inc/#cymax-stores-inc
External links
Categories:- Internet companies of Canada
- Online retail companies of Canada
- Furniture retailers of Canada
- Consumer electronics
- Consumer electronics retailers
- Canadian websites
- Commerce websites
- Companies based in Vancouver
- Companies established in 2004
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