Suppliers of Hardware, Tools and Outdoor Equipment Get Opportunity to Present Products to Tractor Supply at Private Sourcing Event
HONG KONG, April 28 /Xinhua-PRNewswire-FirstCall/ -- Tractor Supply, the largest U.S. farm and ranch product retailer with over US$2 billion in annual sales, met 23 Greater China suppliers pre-screened by Global Sources (Nasdaq: GSOL) at the Private Sourcing Event ( http://www.PrivateSourcingEvents.com ) in Shenzhen on April 7.
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Global Sources' Chairman and CEO, Merle A. Hinrichs, said: "In 2007, mainland China exported US$4 billion worth of farm machinery. That was up 50 percent from the previous year. This huge and growing market represents a significant opportunity for reliable suppliers who can deliver quality products.
"Private Sourcing Events have earned a reputation for attracting quality suppliers from across Greater China. This, in turn, is attracting more quality-focused, volume buyers like Tractor Supply to participate in these events."
Melody Alford, Director of Global Sourcing for Tractor Supply, said: "At Tractor Supply, we stand behind the products we sell and our customers have come to expect our products to perform and to last, so we must focus on quality.
"The opportunity to meet directly with suppliers and communicate this message was invaluable. The Global Sources suppliers we met at the event reflected this quality consciousness that's so important to our business. We will continue to utilize Global Sources as one method to locate suppliers for the Tractor Supply stores."
World's Top Buyers Scheduled to Attend Upcoming Private Sourcing Events
Eighty Private Sourcing Events have been scheduled for 2008, with dozens of buyers including Best Buy, RadioShack, Staples and Toys 'R' Us already confirmed to participate. A list of Private Sourcing Events scheduled for the first half of 2008 is available at http://www.PrivateSourcingEvents.com .
Suppliers wishing to participate should contact csm@globalsources.com .
Specialized Global Sources Websites, Trade Magazines and Face-to-Face Events
Private Sourcing Events are part of the company's portfolio of brands for sourcing and product information services, which include Global Sources Online ( http://www.globalsources.com ), China Sourcing Fairs ( http://www.chinasourcingfair.com ), Global Sources magazines and Global Sources Direct ( http://www.GlobalSourcesDirect.com ).
For more information, visit http://corporate.globalsources.com .
About Global Sources
Global Sources is a leading business-to-business media company and a primary facilitator of trade with Greater China. The core business is facilitating trade from Greater China to the world, using a wide range of English-language media. The other business segments facilitate trade from the world to Greater China, and trade within China, using Chinese-language media.
The company provides sourcing information to volume buyers and integrated marketing services to suppliers. It helps a community of over 657,000 active buyers source more profitably from complex overseas supply markets. With the goal of providing the most effective ways possible to advertise, market and sell, Global Sources enables suppliers to sell to hard-to-reach buyers in over 230 countries.
The company offers the most extensive range of media and export marketing services in the industries it serves. It delivers information on 2 million products and more than 170,000 suppliers annually through 14 online marketplaces, 13 monthly magazines, over 100 sourcing research reports and 9 specialized trade shows which run 29 times a year across nine cities.
Suppliers receive more than 27 million sales leads annually from buyers through Global Sources Online ( http://www.globalsources.com ) alone.
Global Sources has been facilitating global trade for 37 years. Global Sources' network covers more than 69 cities worldwide. In mainland China, Global Sources has over 2,100 team members in more than 44 locations, and a community of over 1 million registered online users and magazine readers for Chinese-language media.
Global Sources Press Contact in Asia:
Camellia So
Tel: +852-2555-5021
Email: cso@globalsources.com
Global Sources Investor Contact in Asia:
Investor Relations Department
Tel: +852-2555-4777
Email: investor@globalsources.com
Global Sources Press Contact in U.S.:
James W.W. Strachan
Tel: +1-480-664-8309
Email: strachan@globalsources.com
Global Sources Investor Contact in U.S.:
Christiane Pelz & Kirsten Chapman
Lippert/Heilshorn & Associates, Inc.
Tel: +1-415-433-3777
Email: investor@globalsources.com
SOURCE Global Sources
International News / Press Release source: PR Newswire
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