VANCOUVER, BC--(Marketwired - January 21, 2016) - Cymax, one of North America's fastest growing furniture e-tailers, today announced the launch of Constant Retail, an end-to-end e-commerce platform that solves the pain points furniture retailers and manufacturers face in adapting and scaling their business in an ever changing environment.
"Brick and mortar furniture retailers want to keep up with consumer purchasing habits, which are moving online, but are faced with major hurdles in inventory management, shipping and logistics, and steep marketing investments," said Arash Fasihi, CEO of Cymax Stores Inc. "We've built an end-to-end e-commerce solution that allows furniture retailers of any size to brand and market an online store, access product catalogues and competitive freight rates within minutes at a fraction of the cost."
Cymax, which closed $30 million in its Series A financing last October, recently announced it would utilize the funding to evolve from an online marketplace to a leader in e-commerce technology. Constant Retail leverages years of data and merchandising information collected by the company to offer traditional furniture retailers and vendors an easy way to explore omni-channels, reaching broader audiences and offering new sources of consumer sales. Designed with proprietary technology, the platform integrates merchandising, SKU uploading and updating, advertising and marketing, heavily discounted shipping carriers and order management capabilities, all in one interface.
"At present only four percent of sales in the $100 billion plus furniture market happen online, yet nine out of 10 customers are researching online prior to purchasing," said Chris Carroll, Vice President of Sales for Constant Retail. "There is a large scale opportunity for retailers to capitalize on. Some of the biggest barriers for retailers making the jump to e-commerce revolve around advertising and shipping logistics. Constant Retail gives retailers the ability to comprehensively manage both, providing an affordable online go-to-market strategy in minutes, not months."
Cymax is set to unveil Constant Retail at the Las Vegas Market, one of the most regarded furniture, home décor and gift markets in the United States on January 24-28. For more information visit: www.constantretail.com.
About Constant Retail:
Constant Retail is a subsidiary of Cymax Stores Inc., a Platform as a service (PaaS) offering, designed to address the overwhelming demand from furniture retailers and vendors for custom e-commerce solutions.
About Cymax:
Cymax Stores Inc. is a privately held Canadian online retailer headquartered in Burnaby, British Columbia, Canada. Founded in 2004 by Arash Fasihi, Cymax focuses on home and office furniture and primarily services the United States. With over 75,000 SKUS, Cymax offers one of the largest selections of online items for home and office. Cymax currently showcases the products of more than 300 North American manufacturers including Stanley and Hooker Furniture, and does 97 per cent of its sales in the US.
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