jClub Acquires Assets of Choxi to Create Exciting New Online Shopping Destination

NEW YORK, June 29, 2017 /PRNewswire/ -- jClub, a discount e-commerce retail store, announced it has acquired all of the assets, including the multi-million customer database, of Choxi.com Inc., an online shopping platform that declared bankruptcy in December 2016. The acquisition allows jClub to expand their service offering and provide customers even better deals on consumer goods.  

"We're excited to give customers a safe and reliable place to shop for the best deals online. We know that online stores can get a bad reputation, and customers are afraid of getting burned. At jClub, we're committed to doing things differently," said Harry Savalia, Chief Executive Officer of jClub. "We value both trust and quality, and we can't wait for Choxi customers to experience the terrific deals and trustworthy service we have to offer."

Founded in 2014, jClub is dedicated to online retail best practices – including exceptional customer service, high-quality merchandise, and fiscal responsibility. In addition to hiring key Choxi employees and vendors who were instrumental in Choxi's early success, jClub has invested heavily in the website and underlying technology infrastructure of the company.

To lay this groundwork requires a solid management team, and again, jClub has that covered. Savalia brings over 25 years of wholesale experience and 15 years of online retail experience, while Jon Mitchell, jClub's Chief Operating Officer, has over 17 years of experience developing all aspects of business operations and successful companies.

As Savalia explains, "Whereas Choxi overspent on advertising and ignored its vendor base, customer base and profit margins, we run a very different operation. I have been on both sides of the table, and I stick to a very simple business model: Vendors and customers come first."

jClub's product catalog includes such diverse items as apparel, beauty, electronics, home goods, shoes, handbags, luggage, watches, fragrance and more. The jClub team works directly with reliable suppliers to cut costs while verifying product quality. There are no membership fees or U.S. shipping fees, jClub only charges customers once the order ships, and every order is risk-free. Customers who aren't satisfied with a product can return it for free within 30 days of purchase.

To learn more, visit https://www.jclub.com/.

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/jclub-acquires-assets-of-choxi-to-create-exciting-new-online-shopping-destination-300482097.html

SOURCE jClub