DealsDirect is one of the original sell it all online stores and has been around since 2000 and was founded by Paul Greenberg and Mike Rosenbaum. DealsDirect was originally founded as an eBay online store however found success and decided to open up it’s own retail channel. The company is known as an online department store due to the wide variety of products that it sells including clothing, toys, furniture, electronics and homewares. DealsDirect have an excellent product range at great prices and attracts customers often with a DealsDirect coupon.
The company has now achieved a high level of maturity and is now looking to expand it’s offerings via acquisitions. The company has hired Michael McRitchie, who was the former chief executive officer at Centrebet as it’s new chief executive officer. McRitchie was hired purely for his strong understanding of online retail as well as leadership and analytics.
In the past, DealsDirect has purchased stores such as ToyBarn, KidStore and TotalDVD. It hopes to expand further with new acquisitions into segments that they have not entered but would have synergies with their current business.