RetailMetro Announces Fully-Operational Furniture Trade Exchange
Furniture World Magazine
on
6/11/2004
RetailMetro, Inc, a provider of business-to-business (B2B) e-commerce solutions for the home furnishings industry, announced today that successful online furniture transactions have been completed in real time. Shortly after opening its Furniture Trade Exchange, RetailMetro (www.retailmetro.com ) recorded the first online transaction. Marlo Furniture of Rockville, MD placed the first order.
RetailMetro CEO Jeremy Nurse said, "These transactions are noteworthy not only because they are 'first,' but because they demonstrate that the benefits of conducting business online are becoming clear to the furniture industry." He continues, "Acceptance of business-to-business commerce-and the attractiveness of the efficiencies and security of transactions completed on the Furniture Trade Exchange-is happening far faster than even we anticipated."
"Due to its diverse nature and its past reluctance to embrace technology, the home furnishings industry is uniquely positioned to benefit from the power of the Internet. Business-to-Business commerce will redefine and enable manufacturer/retailer relationships, ultimately enhancing the performance of both," observes Lee Corson, veteran to the furniture industry and Executive Vice President of RetailMetro.
As the Furniture Trade Exchange, RetailMetro provides a neutral, industry standard method for businesses to conduct trade and communicate with each other online. RetailMetro enables a true e-commerce trade exchange where both buyers and sellers (manufacturers and retailers) can leverage their specific identity and brand attributes, easily transact with their partners, and conduct ongoing business-critical communications.
Home furnishings products that can currently be purchased or sold on the trade exchange include case goods, upholstery products, decorative accessories, and bedding. In addition to its fully operational industry e-commerce platform.
About RetailMetro:
RetailMetro, Inc. (www.retailmetro.com ) is the leading provider of business-to-business (B2B) e-commerce solutions to the home furnishings industry. RetailMetro provides complete e-commerce solutions consisting of an industry-standard commerce platform, the Furniture Trade Exchange, systems integration to interface with existing systems, and comprehensive services and support. Founded in February 1999, RetailMetro is headquartered in Washington, DC and also has offices in North Carolina and Florida.
To learn more, please call the RetailMetro toll-free number at 1-877-233-6387, go to www.retailmetro.com