Rapidly growing ecommerce brand to relocate to 115,000 sq. ft. flex space for new head office and regional distribution facility
VANCOUVER, March 14, 2017 /CNW/ - Today Article, an ecommerce furniture and home decor brand, announced that it will be relocating its headquarters this summer from its current home in Vancouver's Railtown district (520 Alexander Street) to the industrious Strathcona neighbourhood to accommodate their ongoing growth. The 115,000 sq. ft. restored historic building located at 1010 Raymur Avenue, will provide Article with the office space and regional distribution facilities it needs to continue innovating the way people shop for furniture.
The upper level of the building will be transformed into an open-concept office to facilitate seamless collaboration and provide creative spaces for Article's in-house photography team. The space has a modern-industrial aesthetic, featuring exposed wood timber and concrete, and will be outfitted with Article furniture. With room for up to 300 employees, the company expects the new office to fulfill their staff requirements for many years to come. Article currently employs 80 people, and expects to grow to more than 150 by the end of 2017.
"We experienced more than 6X growth in 2016 which meant that we needed to find a space that could accommodate our continued growth," said Aamir Baig, Co-founder, Director and CEO at Article. "We're expanding in every aspect of our business: We're hiring more staff, we're increasing our product range and we're developing new technologies to make the process for buying designer furniture more efficient. A new, larger office space was necessary at this stage in our growth, and we wanted to find a location that checked off all of the boxes on our wish list."
A research and development centre for new warehousing technology will be part of the new facility allowing the Article team to test and validate new ideas before implementing them across its warehouse network. Part of the building will also serve as a warehouse to fulfill orders in Western Canada—the company currently has three existing warehouses in Seattle, Los Angeles and New Jersey, with combined capacity of 375,000 sq. ft.
"2017 is going to be an important year for us, and expanding our office resources and building our warehouse network are the first steps we're taking to set ourselves up for ongoing success," continued Baig.
Last year, Article delivered more than 25,000 orders, and since the start of 2017 has already shipped more than 9,000 orders to customers across the U.S. and Canada. Article currently has a $120MM CAD annual revenue run rate and anticipates this will continue to grow rapidly as more consumers trust the value and experience the company can provide.
About Article
Article is a contemporary furniture and home decor brand that is changing the way people shop for furniture by delivering remarkable value and fair prices on original, designer products. Founded by four software engineers, Article uses proprietary technology to remove inefficiencies in the traditional retail model to make the customer experience simple and easy. Since launching in 2013, the company has delivered in excess of 50,000 orders to customers across the U.S. and Canada. For more information, please visit article.com.
SOURCE Article
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