Inc. magazine revealed ShopWorn.com has landed on its annual Inc. 5000 list, the most prestigious ranking of the nation’s fastest-growing private companies. Positioned at #3762 on the national list with an impressive 87 percent three-year growth for the fledgling startup, ShopWorn placed #144 in the retail category and #101 for all New Jersey-headquartered businesses. The list represents a unique look at the most successful companies within the American economy’s most dynamic segment—independent small businesses. Intuit, Zappos, Under Armour, Microsoft, Patagonia, and many others gained their first national exposure as honorees on the Inc. 5000.
“When the pandemic began in 2020, I was concerned our growth and company would shrink in size as we weathered the storm,” said Larry Birnbaum, CEO of ShopWorn.com. “Instead, 2020 saw ShopWorn grow the fastest in our six-year history — not just in revenues, but also in staffing and global expansion with a Hong Kong satellite office servicing the Asia Pacific region. Our presence on the INC 5000 List was only possible through the dedicated service of my team, for whom this honor fully belongs.”
Not only have the companies on the 2021 Inc. 5000 been very competitive within their markets, but this year’s list also proved especially resilient and flexible given 2020’s unprecedented challenges. Among the 5,000, the average median three-year growth rate soared to 543 percent, and median revenue reached $11.1 million. Together, those companies added more than 610,000 jobs over the past three years.
Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/inc5000. The top 500 companies are featured in the September issue of Inc., which will be available on newsstands on August 20.
“The 2021 Inc. 5000 list feels like one of the most important rosters of companies ever compiled,” says Scott Omelianuk, editor-in-chief of Inc. “Building one of the fastest-growing companies in America in any year is a remarkable achievement. Building one in the crisis we’ve lived through is just plain amazing. This kind of accomplishment comes with hard work, smart pivots, great leadership, and the help of a whole lot of people.”
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