March 6, 2001, 12:00 AM

Sales increase 192% in 2000 for OfficeMax.com

OfficeMax.com sales jumped to $118.1 million for the year and $35.7 million for Q4 2000.

Internet Retailer

OfficeMax said fiscal 2000 full-year sales for its Internet site, OfficeMax.com, increased 192% to $118.1 million from fiscal 1999 sales of $40.4 million. This segment reported better than expected operating results with a loss of $24.9 million, compared with a loss of $3.9 million for fiscal 1999. The OfficeMax.com segment results reflect the costs of accelerated and aggressive marketing throughout the year necessary to establish the OfficeMax.com brand with its target small business customer. Fourth quarter sales for OfficeMax.com increased 79% to $35.7 million over fourth quarter 1999 sales of $20 million and operating results for the segment were a loss of $7.5 million, compared with a loss of $600,000 for the same period in fiscal 1999.

Comments

Sign In to Make a Comment

Comments are moderated by Internet Retailer and can be removed.

Not a member? Signup for free today!

Advertisement

Advertisement

Advertisement

Relevant Commentary

FPO

Jason Squardo / Mobile Commerce

Five tips for achieving high mobile search rankings

Searches on mobile devices will soon exceed those on computers, Google says. Retailers that keep ...

FPO

Sergio Pereira / B2B E-Commerce

Quill turns to its B2B customers for new ideas

Coming in April is a new section of Quill.com that will let customers and Quill ...

Advertisement