Wagreens is experimenting with a new store format, which made its debut earlier this year. A few folks from our team recently visited the newly redesigned Walgreens in the South Loop area of Chicago. The experimental new format is a move in the direction of hybrid retail, but we suspect it’ll take several more iterations of this new concept before Walgreens gets it right.
OnQ, a leading manufacturer of custom retail displays, today announced that it earned a spot on Inc.’s annual list of the fastest-growing private companies in California, the 2021 Inc. 5000 Regionals: California list.
“To be singled out as one of California’s most successful companies following the crazy year we all endured in 2020 is quite an accomplishment,” said OnQ founder and CEO Paul Chapuis. “I’m so grateful to the entire OnQ team for what we achieved together last year in the face of incredible circumstances, and I’ve never been so excited about the future as I look at what lies ahead in 2021 and beyond.”
While the pandemic’s effects hit the retail display industry particularly hard in 2020, OnQ was one of just a few retail display companies that entered 2021 without having shed a single job due to the pandemic. Not only did OnQ stay fully staffed throughout 2020, but in the past few months the company made some key senior hires to scale its business to meet growing demand.
“2021 is going to be an amazing year of rebirth in the retail world as shoppers resume their normal routines. There’s a huge amount of pent-up demand for rewarding, enjoyable retail experiences, and the retailers preparing to meet that demand are the ones that will win big in 2021 and beyond. We’re fortunate to be working with many of those retailers, so we know first-hand that we’re on the cusp of a retail renaissance, and we can’t wait to see that unfold in the months ahead,” commented OnQ’s chief revenue officer Kevin Delahunty.
The 2021 Inc. 5000 Regional: California list ranks companies according to percentage revenue growth when comparing 2017 and 2019. To qualify, companies must have been founded and generating revenue by March 31, 2017. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2019.
For more information about OnQ’s full line of custom retail displays, visit www.onqsolutions.com.
OnQ designs, engineers and manufactures custom retail displays. The company is headquartered in Hayward, CA with production facilities in Akron, OH. Founded in 2004 and incorporated in 2007, OnQ’s modular, flexible retail display platform enables retailers and brands to easily and cost-effectively refresh product assortment with minimal disruption. The company’s displays are used to showcase a variety of product categories, including consumer electronics, home automation, pet care, health & beauty and household products. For more information, visit www.onqsolutions.com.
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The world’s most trusted business-media brand, Inc., offers entrepreneurs the knowledge, tools, connections and community to build great companies. Its award-winning multiplatform content reaches more than 50 million people each month across a variety of channels including websites, newsletters, social media, podcasts, and print. Its prestigious Inc. 5000 list, produced every year since 1982, analyzes company data to recognize the fastest-growing privately held businesses in the United States. The global recognition that comes with inclusion in the 5000 gives the founders of the best businesses an opportunity to engage with an exclusive community of their peers, and the credibility that helps them drive sales and recruit talent. For more information, visit www.inc.com.