|[April 25, 2012]
ShopRunner Announces Acquisition of PickupZone
NEW YORK --(Business Wire)--
a members-only online shopping program that offers exclusive benefits,
including free 2-day shipping and free returns, today announced the
acquisition of Boston-based PickupZone.
PickupZone operates a network of pick-up locations that offers customers
the ability to shop anywhere online and get their packages when and
where they want. Working across multiple retailers, PickupZone is the
forerunner in making urban package pick-up easy, secure, and convenient.
As part of the acquisition, ShopRunner will soon launch PickupPoints, a
convenient nationwide network of retail store locations where consumers
can chose to pick up packages that have been ordered online. With
PickupPoints, ShopRunner partner retailers will have an additional
weapon to fuel incremental online sales and decrease cart abandonment,
as online shoppers will now have the option to pick up orders at a
location and time that is most convenient for them. Store pick-up is
popular for the select retailers with this option; about half of online
orders are typically picked up by customers at that retailer's stores.
PickupPoints helps retailers expand the online addressable market by
tackling the many problems of home delivery for shoppers including those
that live in multi-tenant buildings, have faced package theft from their
front door, are not home to sign for high value packages, or simply
desire the privacy to hide gifts. These consumers will now have the
alternative of having online purchases shipped to the most conveniently
located PickupPoints location.
PickupPoints is the latest ShopRnner product development initiative and
leverages ShopRunner's fast growing membership base and close
partnerships with retailers, who jointly have the potential to offer
more than 30,000 PickupPoints retail locations nationwide.
"ShopRunner is the ideal organization to expand and best leverage the
PickupZone concept given its built-in network of retail partners with
existing online integrations and convenient footprints to serve as
pick-up locations for packages," said Bill Jacobson, Co-Founder of
PickupZone. "Based on the success and feedback we have seen regionally
with PickupZone, ShopRunner partners and members will both derive
tremendous benefit with PickupPoints."
"By acquiring PickupZone we are providing another competitive advantage
to our partner retailers, who can now reach market segments that were
not ordering online or ordering online with less frequency because there
was not a viable solution in the marketplace," said Mike Golden, CEO of
ShopRunner. "At the same time, we are eliminating another shopping
barrier by enhancing the benefits for ShopRunner members who will now
have more choices as to when and where they would like to pick up their
items. Our ShopRunner retailers are also excited about the additional
foot traffic to their brick and mortar locations that PickupPoints will
PickupZone is ShopRunner's latest acquisition, and follows the recent
purchase of ShopSanity,
an innovative service that helps keep consumers organized by tracking
orders and aggregating receipts across retailers. To learn more about
ShopRunner, please visit www.shoprunner.com.
ShopRunner is a members-only online shopping service that offers
time-starved consumers unlimited, free two-day shipping with no minimum
order size, and free shipping on returns across a wide selection of
today's most popular retailers. ShopRunner members also receive access
to exclusive deals that can be combined with fast, free shipping.
ShopRunner's growing retail network includes relationships with
America's most sought-after brands, including Lord & Taylor, Toys"R" Us,
American Eagle Outfitters, Sports Authority, GNC, drugstore.com, inc.,
Domino's Pizza, PetSmart and Newegg.com, with millions of products in
clothing, baby, beauty, electronics, movies, sporting goods, pets, toys,
video games, luggage, automotive and more. For more information, or to
try ShopRunner free for 30 days, visit www.ShopRunner.com.
PickupZone provides online shoppers a more secure and convenient method
of package delivery - no more missed packages, delivery notices, or
depot trips. From national retailers to independently owned stores, the
service has turned frustrated shoppers into increased foot traffic and
repeat customers. PickupZone users like Matt from Boston say, "Fantastic
service, absolutely love it. No longer have to worry about whether I
should have packages delivered to work (which I'm not supposed to) or
have packages left at the door of my apartment (which have gone missing
in the past)." Through its network of neighborhood pick up points,
PickupZone has created a more efficient delivery process for consumers,
retailers and carriers.
[ Back To TMCnet.com's Homepage ]