During fiscal downtown in economy there is still business that has 175% growth. That is Upside Over Inc., (Upsideover.com), a leading kids specialty retailer.

According to the PRWEB, nore and more families are deciding to stay close to home. Families prefer staying within 30 miles of home, and purchase outdoor gear.

“E-Commerce will continue to take a larger share of retail since current e-commerce growth rates are estimated to double brick and mortar growth rates. E-Commerce can be a path to profitability for markets that are shrinking, either from competition or changing demographics,” According to the Outdoor Retailer Association, and their Outdoor Specialty Retailer Operational Report.

“It’s obvious to us that there is a dramatic shift in the marketplace towards specialty internet retail,” said Peter Dean, CEO of Upside Over. “Our teams commitment and focus on internet based Outdoor Gear for Kids means we can focus intently on our customers, provide the best selection possible, reach customers across the globe, and continue exponential growth into 2009.”

“E-Commerce growth is expected to continue,” According to the Outdoor Specialty Retailer Operational Report, “as more Americans implement high-speed access at home. Currently over 40% of Americans have High-Speed internet access at home, growing at a staggering rate of 40%.”

“We have been exceedingly impressed with the capabilities and trajectory of Upside Over and its management team,” said Stephen Gilfus, a founder of educational giant Blackboard Inc. (Nasdaq:bbbb), and early investor in the company via http://www.gilfusventurepartners.com/, Gilfus Venture Partners LLC. “It’s a credit to the team to see a company go from a start up to a multi-million dollar company in only 2 and a half years, in this economic environment. It simply proves out the leverage and long tail theory of niche markets in internet retail.”


Sources:
http://www.upsideover.com/
http://www.prweb.com/releases/outdoor/kids/prweb1816664.htm