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SAN DIEGO, May 2, 2014 /PRNewswire/ -- BuyAutoParts.com, an online auto parts retailer based in San Diego has been named to the prestigious Internet Retailer 2014 Top 500 Guide for the second year in a row. This year the company ranks at number 387, jumping up 35 positions from their ranking of 422 last year. BuyAutoParts.com also ranks 9th in the Automotive Parts/Accessories category this year, an improvement from 11th in 2013.
Internet Retailer gathers, analyzes, and publishes these highly detailed Top 500 e-commerce rankings based off of growth in 2013 from 2012. According to their research, in 2013 U.S. online sales increased by $31.9 billion, which accounted for 84% of e-commerce growth and 29.4% of all retail sales growth in the United States.
BuyAutoParts.com ended 2013 with over $42.8 million in revenue, a 24% increase from 2012. For 2014, the company has set a goal to meet $50 million in revenue, a 20% increase from 2013. To facilitate this growth, the company has added over a dozen new performance automotive brands to their product offering and has received $18.6 million in funding from private investment groups to advance the company's technology and efficiency.
This year BuyAutoParts.com was also named to San Diego Business Journal's Largest Private Companies of 2014 list, ranking at number 41 for the San Diego area. SDBJ also recognized BuyAutoParts.com in 2013, ranking the company 75th in SDBJ's list of Fastest Growing Companies when the company saw 60.74% growth in revenue from 2010 to 2012.
Established in 1989, BuyAutoParts.com has grown to be a leading international e-commerce and wholesale distribution company based in San Diego, CA. Long before branching out into the world of retail internet sales, they have been providing high quality parts and excellence in customer service for over 20 years. The company began by remanufacturing steering parts, and today provides a full line of OEM new, aftermarket new, and remanufactured auto parts at wholesale prices. For more information please visit www.BuyAutoParts.com.
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