Forbes Places Fixtures Living On Annual List Of "America's Most Promising Companies"
NEW YORK, Feb. 6, 2013 /PRNewswire/ -- Fixtures Living has been listed at No. 78 on Forbes annual ranking of America's Most Promising Companies* — a list of one hundred privately held, high-growth companies with bright futures.
"Being recognized by Forbes is an enormous milestone for our company," said Jeffery R. Sears, CEO of Fixtures Living. "Literally thousands of firms vied for a position on that list, which makes our inclusion all the more special."
Fixtures Living carries a hand-culled array of best-in-class brands for indoor- and outdoor-kitchens, laundry rooms and the bath, from decorative plumbing to entire Health-and-Wellness systems. Unlike standard industry showrooms, the store offers consumers a 360 degree sensory experience, from live kitchens and grills to working showers, baths and sinks. "We've designed a space to inspire our guests, so they can dream about, play with and choose the products that make for special moments and memories," added Sears.
For more information, visit www.fixturesliving.com, follow Fixtures Living on Facebook and Twitter or call (858) 966-3600
One metric never says it all. For the Most Promising list, FORBES strove for a holistic gauge of young, privately-held companies, trying to pin down their trajectories by looking at a slew of variables. Over the course of six months FORBES reviewed thousands of applications. The final assessment is based on growth (both in sales and hiring), quality of management team and investors, margins, market size and key partnerships. FORBES turned to CB Insights, a Manhattan-based data research firm that specializes in assessing private companies, to refine the search. Their MOSAIC software scans 45,000 sources to measure a company's health. A new distribution deal, for example, marks a positive signal, while the loss of an executive is a negative. MOSAIC gathers those myriad signals into a final score that FORBES uses as an initial guide in producing the list. After verifying sales numbers, speaking with each company and debating their merits and blemishes, FORBES produces a final ranking.
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