Salesfloor Platform Expands for Growth, Rapidly Increasing Revenue and Client Base

MONTREAL, QC--(Marketwired - May 31, 2016) - Salesfloor, a retail technology platform that enables customers to shop online with their local store and associate, today announces a number of exciting growth metrics. Revenue has grown 10x year-over-year and is expected to more than double by the end of the year, as the company sees demand for its platform and services from top international retail brands. These brands include Saks Fifth Avenue, Bloomingdale's, Stuart Weitzman, Harry Rosen, Toys R Us and Babies R Us, as well as trials recently launched with Macy's and Kiehl's.

Salesfloor closed a $3 million funding round last year and has seen its valuation soar with the acquisition of new retail clients and proven results. The Salesfloor platform is a first-of-its-kind technology that provides store associates with their own version of their company's e-commerce site. For the first time, customers can shop online with real associates and get personalized service, just like they would experience in the store.

As an example, Saks Fifth Avenue is using Salesfloor for its store associates to create customizable saks.com boutique pages with curated Saks merchandise selected by the associate. Through Salesfloor's platform, online shoppers can directly connect with the associate and shop on his or her personal site. Retailers that use Salesfloor see a 10x lift in online conversions and 50 percent increase in average order values. The company offers specific modules that cater to various retail categories, including Luxury, Beauty, Pharmacy, Sporting Goods and Consumer Electronics.

"Salesfloor is completely taking off in 2016 and we're delighted to help our retail partners provide their customers with highly-personalized services and sales across all channels," said Oscar Sachs, Salesfloor's CEO. "The role of today's retail associate has changed and we're expanding our platform to empower them to serve today's omnichannel shopper."

While many retailers are using Salesfloor for in-store associates, some partners have begun testing their own networks of virtual sales associates. These retailers are using Salesfloor to build a community of sellers and brand influencers to expand sales and service to new regions without having to invest in real estate, new stores and traditional infrastructure. Virtual associates instead have their own Salesfloor storefronts to represent brands they love and sell online.

Salesfloor's platform is quickly becoming a marketplace of applications that retailers leverage to create new, innovative features that associates use to drive sales online. "We are closely aligned with our retailers' technology roadmap and are invested in delivering on those needs," said Ben Rodier, Chief Client Officer.

Salefloor's roster of retailers in the luxury and big box verticals is projected to double this year. Last year alone, 100 percent of the company's customer trials moved into full-stage rollouts. The company also recently added leading Canadian menswear retailer Harry Rosen, which has implemented Salesfloor's technology in all of its stores nationally.

For more information about Salesfloor or career opportunities, visit www.salesfloor.net.

About Salesfloor
Founded in 2013 by Oscar Sachs and Ben Rodier, Salesfloor (www.salesfloor.net) was created to address the significant void in service that shoppers experience when using a retailer's website to shop compared to when shopping in store. With Salesfloor, customers can shop online directly with the store or a local sales associate, and benefit from the same high quality experience online as they receive in store. Salesfloor currently operates from Palo Alto, New York, Montreal and London with a team of retail executives and technologists.