Zappos.com eyes $1 billion in annual web sales
Zappos.com is closing in on the $1 billion sales club. The online shoes retailer expects to generate web sales of $800 million in 2007, an increase of 34% over sales of $597 million in 2006, and $1 billion in 2008. There’s no wonder that Amazon is trying to get a piece of the action with their new offering Endless.com. It’s amazing the growth that Zappos has experienced since launching in late 1999.