Canadian Business and PROFIT today ranked Simpli Home (CCT Global Sourcing Inc.) No. 163 on the 29th annual PROFIT 500, the definitive ranking of Canada’s Fastest-Growing Companies. Published in the October issue of Maclean’s magazine and at CanadianBusiness.com, the PROFIT 500 ranks Canadian businesses by their five year revenue growth.
Simpli Home, one of the leading North American online furniture companies, made the 2017 PROFIT 500 list with a five year revenue growth of 424%.
“It is never easy to earn a spot on the PROFIT 500, but this year’s applicant pool was the most competitive yet,” says Deborah Aarts, PROFIT 500 program manager. “This year’s winners demonstrate the resilience, innovation and sheer management smarts it takes to build a thriving business today. Canada—and the world—needs more entrepreneurial success stories like these.”
“Being ranked on the PROFIT 500 list for the second year in a row is an amazing achievement,” says Chief Growth Officer Yoram Weinreich. “It is a testament to our remarkable and distinctly Canadian multi-cultural team and how we have capitalized on the opportunity afforded to us by this rapidly changing retail landscape. We view this as a once in a lifetime opportunity that has transformed our company into one of the fastest growing North American online furniture companies. Our plan is to continue to take advantage of this situation in the coming year and introduce over 1,000 new furniture products while also adding a new large selection of home décor products. The Simpli Home motto is Life by Design. To us, this means living the life that we choose. A life where we can Be, Live, Create, Learn and Care as we decide. Where we can realize who we are, what we can be and where we want to go. Where we can bring our uniquely Canadian ideals to the world. Ideals of multi-culturalism, inclusiveness and caring. With the launch of our new ecommerce site, we hope to communicate these ideals forcefully to our customers. Our growth has been substantial, but our future is unlimited and we will continue to dream big and strive towards leaving our mark in this world.”
Simpli Home has garnered tremendous growth over the past five years selling primarily on the ecommerce channel with currently over 1,200 products. The company strives to produce high-quality products, made from the best possible materials, at a reasonable price for the everyday consumer with a love for well-designed styles.