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Are the credit markets frozen? Not for this online Main Street retailer specializing is apparel for the working person. They were able to score a $1.1 $1.1MM convertible debt investment despite widespread credit freeze

As the economy squeezes the consumer, they have seen good traffic and conversion numbers as customers respond to their value pricing and promotional offers. And their customer loyalty metrics continue on a very positive trend.

The Working Person store was profiled on our web site just about two years ago and we have had to update the story several times, mentioning for example that this work apparel and footwear multi-channel retailer was recently named to the “Inc. 500″ ranking America’s 500 fastest-growing privately held companies. 

With physical retail operations located in Lakeville, Indiana and web fulfillment activities in Buchanan, Michigan, The Working Person’s Store has experienced exponential growth, providing working people across the U.S. and worldwide with a broad selection of work centric apparel, footwear and accessories.

With a cumulative three year growth rate of 717%, they were also ranked 23rd on Inc. magazine’s “Top 100 Fastest Growing Retailers” list.

Of all the things that impressed me about Eric Deniger when I interviewed him is his grasp of and execution of 21st Century leadership.

I hope you find something of value for you in my intervies with him
http://www.familybusinessstrategies.com/profiles/eric_deniger_working_person.html

Just like you, Wayne Messick is concerned about the continuous refinement of his strategies for effectiveness in these challenging times. Identifying and calculating the cost of conflict in an organization is the only activity he has seen that results in people’s willingness to take the actions that result in increased personal and organizational effectiveness.

Are you determined to realize your organization’s potential? Join our free email monthly announcement series at http://www.iBizResources.com/announcements.html and receive a COST OF CONFLICT calculator at no charge.

Lawyers, accountants, financial planners and business coaches should http://www.familybusinessadvisors.biz join the brand new directory of professionals.

This entry was posted on Monday, November 3rd, 2008 at 7:29 am and is filed under Business, E-Commerce, Leadership, New to the Internet. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.