Deal Renews Customer Care and Fulfillment Services for Well-Known Women’s Apparel Retailer
KING OF PRUSSIA, Pa., May 6, 2009 – GSI Commerce Inc. (Nasdaq: GSIC), a leading provider of e-commerce and multichannel solutions, today announced a multiyear extension of its e-commerce agreement with New York & Company (NYSE: NWY), a leading specialty retailer of women’s apparel. Under the agreement, which runs to 2013, GSI will continue to provide New York & Company with fulfillment and customer care services.
“GSI’s scale and expertise in logistics and their focus on improving the consumer experience has positively impacted our business,” said Donna Iucolano, executive vice president and general manager of New York & Company’s Direct Group. “They are continuously making improvements that help us get our packages to consumers more quickly without impacting the competitiveness of their shipping rates,” she added.
“New York & Company is a great brand with great customers,” said Scott Hardy, executive vice president of business management for GSI. “We are happy that they are continuing to put their trust in us to enhance their customers’ online experience in the critical areas of fulfillment and customer care.”
New York & Company has been a GSI client since 2006.
About New York & Company
New York & Company, Inc., founded in 1918, is a leading specialty retailer of fashion-oriented, moderately-priced women’s apparel. The Company’s proprietary branded New York & Company ™ merchandise is sold exclusively through its national network of retail stores and E-commerce store at www.nyandcompany.com. The Company currently operates 588 stores in 44 states. Additionally, certain product, press release and SEC filing information concerning the Company are available at the Company’s website: www.nyandcompany.com.
About GSI Commerce
GSI Commerce® (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 interactivesm and e-Dialog Inc. (www.e-dialog.com).
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.
GSI Commerce, Inc.
Director, Corporate Marketing