JD.com and Alibaba create indexes to identify Chinese shoppers’ spending trends, which help retailers gain insight.
Sales for the first seven months of 2006 at Stacks and Stacks increased 34% year-over-year and the average ticket has risen from $80 to $90, the company reports. It also has increased its total SKUs, now offering more than 15,000 products.
Sales for the first seven months of 2006 at Stacks and Stacks increased 34% year-over-year while the average ticket has risen from $80 to $90, the company reports. Stacks and Stacks did not release other financials; the company is privately owned.
In other news, the cataloger and e-retailer, No. 286 in the Internet Retailer Top 500 Guide to Retail Web Sites, has increased its total SKUs, now offering more than 15,000 products for the home, office and garden.
“These increases continue our trend of steady, high double-digit growth during the last six years,” says Mel Ronick, founder and president.
Sales from its affiliate program with Commission Junction continue to diminish, Ronick says, but numerous marketing initiatives and increased presence in the press have greatly expanded Stacks and Stacks’ customer base.
Stacks and Stacks hit $16.3 million in web sales in 2005, a 42.1% jump over $11.5 million in 2004, according to Internet Retailer estimates.