In its second-largest acquisition, Amazon buys the company for $970 million.
Web sales not including auctions at Sharper Image increased 40% in September over September last year, the company reports. The company performed equally well across all channels with store sales up 50% and catalog sales up 48%.
Web sales not including auctions at San Francisco-based Sharper Image Corp. increased 40% in September over September last year, the company reported today. Companywide sales for the month increased 47% to $31.3 million. The company performed equally well across all channels with store sales up 50% to $17.7 million, comparable store sales up 37%, catalog sales up 48% to $9.8 million and Internet sales including auctions up 29% to $3.9 million.
"We are very pleased with our outstanding September sales," said Richard Thalheimer, founder, chairman and chief executive officer. "All of our sales channels--stores, Internet, infomercial, catalog and wholesale--had strong gains in September. We believe these sales gains are especially noteworthy given the reported general weakness in September retail sales."