PED Ranks 197 in Internet Retailer Top 500

PED Ranks 197 in Internet Retailer Top 500

Named Fastest Growing Home Improvement/Hardware Web Store

BOLINGBROOK, IL (May 21, 2012) - Today Power Equipment Direct announced it made Internet Retailer's Top 500 list for the fifth consecutive year.

"In 2011, Power Equipment Direct focused on improving, refining and optimizing the on-site shopping experience," said Founder & CEO Jon Hoch. "Our rapid growth is a testament of our commitment to constantly updating and improving our web stores."

Power Equipment Direct experienced significant growth in 2011, ranking as the fastest growing company in the hardware/home improvement sector, according to Internet Retailer.

The online power equipment retailer ranked as the 197th largest e-retail company in the United States and the 6th largest e-tailer in the hardware/home improvement category.

See Power Equipment Direct's 197th Rank from Internet Retailer.

Internet Retailer's definitive ranking and analysis of America's 500 largest e-retailers is based on annual 2011 Internet sales, researched by Internet Retailer and confirmed by retailers. This report includes company financial, operational and performance data, as well as vendors in key categories.

Hoch founded Power Equipment Direct in his basement after an awful experience shopping for a lawn mower in 2002. Today, the Bolingbrook, IL-based e-commerce company operates eleven niche web sites, generating $85 million in sales in 2011.

"We consider it an honor to be ranked among the largest home improvement retailers in the world," said Hoch. "The results are remarkable, considering we only sell power equipment products."

Published by Chicago-based Vertical Web Media LLC, Internet Retailer is a monthly national business magazine that is at the core of the leading retail information web site, an e-commerce conference and four directories that serve the retailing community. Internet Retailer's 42,500 subscribers and 250,000 monthly web readers represent senior executives primarily from retail chains, independent stores, catalogs, virtual merchants and brand name manufacturers. Internet Retailer's circulation represents the largest multichannel readership base of any retailing magazine.
Since 2002, Power Equipment Direct's mission is to "Make buying technical products simple." Utilizing specially-trained product experts, its wide selection of power equipment and HVAC products, and its U.S.-based support team, Power Equipment Direct provides a streamlined shopping experience designed to save customers time, money, and hassle. Read more about Power Equipment Direct and its family of online superstores.
All media queries directed to:
Tony Bara
Power Equipment Direct, Inc.
331-803-6217
Tony.Bara@pedstores.com