Zoro
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| Private | |
| ISIN | 🆔 |
| Industry | Industrial supply distribution |
| Founded 📆 | 2011 |
| Founder 👔 | W. W. Grainger, Inc. |
| Headquarters 🏙️ | Buffalo Grove, Illinois, U.S. |
Number of locations |
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Area served 🗺️ | |
Key people |
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| Members | |
Number of employees | 760 (2022) |
| 🌐 Website | zoro |
| 📇 Address | |
| 📞 telephone | |
Zoro.com Zoro.com launched in May 2011. The team consisted of about 20 employees, and the original website offered around 180,000 unique items.[1] Zoro T. Fox, a cartoon character with a penchant for tools, was the original mascot. As of 2022, Zoro has reached more than 668 team members, added 10+ million live SKUs on Zoro.com, and has exceeded $1B in revenue through continued customer growth. [2] [3]
History[edit]
Zoro, as well as its sister company in Japan, Monotaro, were founded by W. W. Grainger in an effort to serve the small-business market through online-only transactions. Grainger calls this the Endless Assortment Model, designed to profit from a broader array of products served through an online marketplace.[4]
The first building was located in Mundelein, Illinois. Since then, Zoro.com has moved its headquarters to neighboring Buffalo Grove, Illinois., and expanded to other locations, including Downtown Chicago and Janesville, Wis.[5] In January 2023 Zoro signed a 41,875-square-foot office lease expansion at Accenture Tower in Chicago. [6] Following its inception in 2011, Zoro changed its name from Zoro Tools to Zoro to reflect the focus on a wider assortment of business supplies and products. By 2016 Zoro hit the one million SKU mark live on the site.
Zoro/Grainger Relationship[edit]
Zoro is an eCommerce-only company, and is a subsidiary of Grainger. W. W. Grainger, Inc. is an American Fortune 500 industrial supply company founded in 1927 in Chicago by William W. (Bill) Grainger. He founded the company to provide consumers with access to a consistent supply of motors. Zoro has access to 700,000+ Grainger products with availability through Grainger’s supply Chain. They utilize Grainger’s multiple distribution centers nationwide for most of the US.
Awards/Honors[edit]
Zoro named one of Great Place to Work® and Fortune (magazine) Best Small and Medium Workplaces in Chicago in 2022[7]
Zoro.com earned the #63 ranking on Built In's Best Places to Work in Chicago list and ranked #22 on its list of the Best Midsize Places to Work in Chicago.[8]
References[edit]
- ↑ "Zoro.com Celebrates 10 Years of eCommerce Success". pressroom.grainger. Retrieved 2023-02-17.
- ↑ "Zoro.com Reaches $1 Billion in Annual Sales". invest.grainger. Retrieved 2023-02-17.
- ↑ "Zoro.com Celebrates 10 Years of eCommerce Success". pr newswire. Retrieved 2023-02-17.
- ↑ "Validea Daily Guru Fundamental Report for GWW - 2/13/2023". nasdaq. Retrieved 2023-02-17.
- ↑ "Zoro.com Celebrates 10 Years of eCommerce Success". pressroom.grainger. Retrieved 2023-02-17.
- ↑ "Zoro.com Signs 41,875 SF Office Lease Expansion at Accenture Tower in Chicago". rebusiness online. Retrieved 2023-02-17.
- ↑ "Fortune Best Workplaces in Retail™ 2022". great place to work. Retrieved 2023-02-17.
- ↑ "100 BEST PLACES TO WORK IN CHICAGO". built in. Retrieved 2023-02-17.
External links[edit]
This article "Zoro Tools" is from Wikipedia. The list of its authors can be seen in its historical and/or the page Edithistory:Zoro Tools. Articles copied from Draft Namespace on Wikipedia could be seen on the Draft Namespace of Wikipedia and not main one.
