PetSmart acquired Pet360 for $130 million in cash and up to $30 million more in future performance-based payments.
The New TopTenWholesale Features include advances for buyers and suppliers alike.
LOS ANGELES, CA – July 27, 2011 – JP Communications INC CEO Jason Prescott, publisher of leading wholesale trade platforms TopTenWholesale, Manufacturer.com, WholesaleU and OffPriceNetwork, announces an exciting innovation and industry first with the all-new TopTenWholesale.com. “We spent over 16 months in product development, collaborating and building the most advanced B2B product sourcing tool in the USA,” said Prescott. “JPC continues to lead the industry in streamlining the way buyers and sellers connect in the marketplace, and we hope to set a new standard for others to follow,” he added.
The New TopTenWholesale Features include advances for buyers and suppliers alike. Buyers will notice TopTenWholesale’s expansion to over 100 new major industries, such as agriculture, food, hardware, automotive and more. Top U.S. suppliers such as Via Trading and Kole Imports have evaluated the new services and gave the New TopTenWholesale a thumbs-up.
“We have been a TopTenWholesale.com customer since 2005,” said Via Trading President Alain Stambouli. “A majority of our new online customers come from their services,” he added. “The newly available tools will allow companies like ours to stand out and really get the recognition we deserve,” he concluded. Kole Imports President Jason Kole said, “We are very excited to have the ability to feature thousands of our products directly in the TopTenWholesale.com marketplace. Community tools such as videos and news are important to us, and it’s about time a B2B in the USA offered these tools to wholesalers” Kole further stated, “TopTenWholesale does not pretend to market itself as an e-commerce tool. The new features are built strategically for sourcing professionals and this is a true B2B innovation.”
TopTenWholesale is now open for the world to join. No longer is it restricted to only those who have a website or for paid members. Now, wholesalers can list their products whether they have a website or not. And buyers can feel confident choosing Suppliers that have been verified by a 3rd party bank and other institutions. “PMF Bancorp has been in the credit industry over 20 years, and having dealt with thousands of wholesalers and importers, we know the factual data required for verification that leads to successful buyer transactions,” said PMF Bancorp CEO Stephen Perl. “PMF Bancorp is excited to partner with TopTenWholesale.com, not only to power Supplier Pass™, but to introduce our financial and banking services to all its members,” added Perl. Supplier Pass® verification requires consideration of over two dozen proprietary business factors. Not all suppliers qualify for Supplier Pass® status, and those denied are notified of the reasons preventing verification.
With the new TopTenWholesale features, buyers can learn more about a potential supplier directly from the supplier’s online listing. They can sort products, add products and suppliers to their list of favorites, and save searches on their own admin page. These features save time and provide convenience for buyers and suppliers alike – buyers can source faster and better, while suppliers can promote their products interactively in search results.
About JP Communications, INC®JP Communications INC® publishes the leading B2B global wholesale and manufacturing product sourcing trade platforms. Properties include TopTenWholesale.com, Manufacturer.com, WholesaleU.com and OffPriceNetwork.com. JPC’s mission is to connect global and domestic buyers and suppliers for international trade in hundreds of product categories across the entire supply chain – from manufacturers, outsourcers, importers and wholesalers, to wholesale liquidation specialists, distributors, resellers, store owners, dropshippers and online retailers of every size.
TopTenWholesale.com® is the leading online wholesale trade platform in the USA that connects buyers and suppliers for trade in hundreds of categories of wholesale products. Our services are used by wholesalers, manufacturers, distributors, dropshippers, importers, exporters, and other types of suppliers. Over 3,000 wholesalers and manufacturers use TopTenWholesale.com to connect with buyers for international trade in categories such as wholesale jewelry, general merchandise, closeouts, handbags, apparel, gifts, electronics, novelties, toys, and much more.
About 1st PMF Bancorp
1st PMF Bancorp is the largest privately owned trade finance platform based in the U.S. with dedicated programs to financing minority businesses. Since 1985, 1st PMF Bancorp has financed manufacturers and wholesalers globally. PMF has specialties in trade finance of general merchandise products. PMF has many financial products to support growth domestically and internationally of minority companies offering a host of credit insurance, escrow/payment system, and other services.