"We have been able to grow at a very fast pace because we know what customers want when shopping online for their home," said CSN's Chairman and Co-Founder Steven Conine. "We knew it was now time to create a name that our customers can remember and to put our full selection together in a single, online destination that offers everything imaginable for nearly any type of home – meeting all style preferences and budgets."Michael Kumin, Partner at Great Hill Partners, added, "The U.S. home goods market for furniture, decor, housewares and home improvement is over $500 billion, yet online retailers have only tapped seven percent of it to-date. We believe that CSN Stores, through its new brand Wayfair.com, is well-positioned to be the leader in this growing market."
CSN Stores Raises $165 Million "First Round" To Expedite Expansion & Bolster Branding
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