Monday, July 9, 2012

From warehouse to powerhouse - FT.com

From warehouse to powerhouse - FT.com: "Crammed between towering wooden shelves and bulging rolls of plastic, the super-suckers and bendy hoses stacked on a pallet in a Virginia warehouse are the latest products of a plucky American family retailer.
GoVacuum is a fast-growing ecommerce business whose annual sales have gone from under $2m seven years ago to $10m today, a fivefold expansion that surpasses the overall growth of US internet shopping. Masterminded by founder Bill Anand, who arrived from New Delhi in 1974, such growth underlines the importance of small business to the world’s biggest economy and commands kudos in an ecommerce sector where Amazon seems to hog the spoils."

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