Compact Appliance provides small-format home appliances, while Living Direct provides a broader spectrum of home living products, including appliances, outdoor furniture and housewares. The combined annual revenue of the two brands is approximately $37 million.
Founded in 1999, Richlund Ventures is a privately-owned company that specializes in identifying niche and emerging markets and meeting the needs and challenges those opportunities present through multiple retail websites. The company's direct retail brands include Compact Appliance, Living Direct, EdgeStar, Portable Airshop, Hot Water Source and Richlund Supply. Richlund Ventures wanted an ecommerce solution that was easily customizable, included rich merchandising capabilities, allowed them to launch multiple sites quickly and didn't require a significant investment in IT infrastructure.
"Everything is better with Demandware," said Jason Roussos, president of Richlund Ventures. "It has been a fundamental change in how we do business. We are projecting significant growth for our online channel and with Demandware we have an ecommerce platform that can take us to the next level."
Richlund Ventures selected Demandware because of the following differentiators:
"We are a retailer, not a technology company. We don't want to own the technology or the infrastructure, but we are fast-moving and it's important that we stay ahead of the innovation curve," said Roussos. "With Demandware, we can take advantage of the constant stream of new features that they provide, while we focus on our core competency of marketing and merchandising our product offerings."<
"Richlund Ventures is an incredibly astute retail equity firm that understands the potential of the online channel and we're delighted to welcome them to the Demandware family. Along with Demandware's other multi-site clients, Richlund Ventures recognizes the unique operational advantages of our on-demand model for serving multi-brand businesses," said Stephan Schambach, chairman and founder of Demandware.
About Richlund Ventures
Founded in 1999 with the launch of the Compact Appliance.com website, Richlund Ventures is a privately owned company that specializes in identifying niche and emerging markets and meeting the needs and challenges those opportunities present through multiple retail websites. Richlund Ventures' flagship website continues to be Compact Appliance.com which was created to provide an online destination for people in search of distinctive home appliances that offer superior style and maximum functionality. In addition to its online marketing and retail division, Richlund Ventures is the direct importer for the EdgeStar line of appliances.
Richlund Ventures' sustained level of success is attributable to a consistent focus on innovation, evolving marketing techniques and a continual emphasis on offering the best service and sales support possible. Since inception, the company has always understood that in order to maintain viability in today's marketplace, it must provide first-class service and sales support and measures success by how well it is able to execute that directive. Richlund Ventures is uniquely positioned through the Compact Appliance.com website to take advantage of emerging growth trends such as retiring baby boomers downsizing their living spaces and the worldwide move towards more environmentally conscious "green" appliances. The company is located in Austin, Texas.
About Demandware, Inc.
Demandware drives the success of high-growth brands with the only enterprise-class On-Demand eCommerce Platform that empowers merchandising and marketing talent with total control over the shopping experience and continuous competitive differentiation. Leading brands such as Bare Escentuals, House of Fraser, Playmobil, Sally Beauty Supply and Timberland leverage Demandware's enterprise class eCommerce functionality and automatic upgrades to help achieve higher conversion rates, increase average order size, and improve customer retention. Demandware is the only on-demand eCommerce solution that enables the rapid rollout of new sites, provides ubiquitous access to business and technical users, and is backed by a patented grid computing architecture that delivers capacity as needed for performance and reliability that exceeds industry standards. For more information about Demandware, visit www.demandware.com, call 888-553-9216 or email firstname.lastname@example.org.