|
Big Lots Selects GSI Commerce for Full-Service E-Commerce Solutions
KING OF PRUSSIA, Pa., Oct 21, 2008 /PRNewswire-FirstCall via COMTEX/ --
Nation's Largest Broadline Closeout Retailer to Offer Special Deals to Customers Shopping Online
GSI Commerce Inc. (Nasdaq: GSIC), a leading provider of e-commerce and multichannel solutions, today announced it has signed a multiyear, full-service e-commerce agreement with Big Lots (NYSE: BIG). Big Lots is the nation's largest broadline closeout retailer with annual sales over $4.5 billion and more than 1,350 stores nationwide. GSI will provide Big Lots with a full-service, integrated e-commerce solution, including e-commerce technology, customer care and fulfillment.
"We are excited about launching our e-commerce business. It presents an opportunity to expose consumers to closeout shopping and great bargains in a way that is fun and different than what a traditional retailer typically provides," said Rob Claxton, senor vice president of marketing for Big Lots. "We did a thorough evaluation of possible options and concluded GSI Commerce was the best fit for us because of the company's expertise in helping retailers create a unique shopping experience on the Web."
"GSI is proud to add Big Lots as an e-commerce client," said Damon Mintzer, executive vice president of sales for GSI. "We are looking forward to helping them expand their online capabilities and providing an additional array of services to their customers."
The new Web store launched today, in time for the upcoming Holiday shopping season. Traditionally, Big Lots has focused its sales efforts to budget shoppers, discount shoppers and deal hunters. Through its Buzz Club, Big Lots offers members early insight into promotions and available merchandise. The company has been adding new members at a rapid pace and plans to leverage this community for its new Web store and online deal of the day offerings.
About Big Lots
Headquartered in Columbus, Ohio, Big Lots (NYSE: BIG) is a Fortune 500 company with more than 1,350 stores in 47 states. As the nation's largest broadline closeout retailer, Big Lots offers consumers a wide range of bargain-priced merchandise, including brand name closeouts, seasonal products, consumables, furniture, housewares, toys, and gifts. For more information, visit www.biglots.com.
About GSI Commerce
GSI Commerce(R) (www.gsicommerce.com) is a leading provider of services that enable e-commerce, multichannel retailing and interactive marketing for large, business-to-consumer (b2c) enterprises in the U.S. and internationally. We deliver customized e-commerce solutions through an e-commerce platform, which is comprised of technology, fulfillment and customer care. We offer each of the platform's components on a modular basis, or as part of an integrated, end-to-end solution. We also offer a full suite of interactive marketing services through two divisions, gsi interactive(sm) and e-Dialog Inc. (www.e-dialog.com).
Forward-Looking Statements
This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements made in this release, other than statements of historical fact, are forward-looking statements. Actual results might differ materially from what is expressed or implied by these forward-looking statements. Additional information about potential factors that could affect GSI Commerce can be found in its most recent Form 10-K, Form 10-Q and other reports and statements filed by GSI Commerce with the SEC. GSI Commerce expressly disclaims any intent or obligation to update these forward-looking statements.
Contact:
GSI Commerce, Inc.
Corporate Marketing
610.491.7474
Fax: 610.265.2866
news@gsicommerce.com
SOURCE GSI Commerce, Inc.
http://www.biglots.com
[ Back To TMCnet.com's Homepage ]
|