Jos. A. Bank Making Online Strides With InterWorld; Leading Men`s Clothier Offers Customers Improved E-tailing Solutions with Enterprise Commerce Software
NEW YORK--Oct. 2, 2001--InterWorld(R) Corporation, a leading provider of enterprise commerce software solutions, today announced that men`s clothier Jos. A. Bank is delivering significant improvements with its InterWorld powered e-business initiatives.
Jos. A. Bank Clothiers Inc., established in 1905 and based in Hampstead, MD, is a multi-channel retailer of men`s classically styled tailored and casual clothing, footwear and accessories. InterWorld Commerce Exchange(TM) is enabling Jos. A. Bank to support multi-channel growth, make real-time changes to promotions and special offers, and integrate seamlessly with their catalog system.
The site, www.josbank.com, logged a nearly 200 percent increase in month-to-month sales last year.
According to Jos. A. Bank CIO Gary Merry, the new retail site gives the retailer a strategic edge over the competition. "Our site is designed to scale and accommodate our future demands as we continue to grow the business," he said. "In addition, we`ve considered our customer in every aspect of the new site design and underlying functionality."
Key new features include real-time inventory availability, real-time promotions and special offers, order and shipping tracking and confirmation, on-line registration, easy-to-navigate shopping sections and advanced search functionality.
In addition, the InterWorld Commerce Exchange integrates seamlessly with Jos. A. Bank`s existing catalog systems, allowing key merchandise such as new arrivals and clearance items to be posted on the site immediately for a unique and convenient online shopping experience.
"InterWorld Commerce Exchange has unsurpassed supportability, a solid foundation and winning architecture," said Michael Donahue, Vice Chairman and CEO at InterWorld. "Because the solution integrates directly with other existing legacy systems, it ultimately provided Jos. A. Bank a more robust platform for the growth of their enterprise commerce business."
Jos. A. Bank implemented the Commerce Suite on August 15, 2000 launching in just three months. Since that time, the company reports positive customer feedback and a dramatic increase in online sales. For the future, Jos. A. Bank expects to merge data from all channels to have a consolidated view of all their customer`s information to make advancements in customer service.
About InterWorld Corporation
InterWorld Corporation delivers industry-leading enterprise commerce software solutions to help companies connect and collaborate with their customers, suppliers and business partners no matter where they are or what technologies they employ.
InterWorld enables businesses to address the risks associated with licensing, implementing and maintaining e-commerce software and offers the lowest total cost of ownership for businesses in industries ranging from retail, manufacturing and distribution to telecommunications and transportation.
InterWorld`s world-class Commerce Exchange solution enables companies to maximize their return on investment by leveraging their existing business systems, improving overall business processes and managing complex sales channels.
InterWorld customers include, among others, Ann Taylor, Brooks Brothers, Crane Co., IKON Office Solutions, MSC Industrial Direct, Oki Data Americas, Walt Disney Internet Group, and Verizon. Founded in 1995, InterWorld is headquartered in New York, NY with offices throughout North America, Europe, and Asia-Pacific.
For more information, InterWorld can be reached at 877-326-6637 or www.interworld.com.
About Jos. A. Bank Clothiers, Inc.
Jos. A. Bank Clothiers, Inc., established in 1905, is a multi-channeled retailer of men`s classically styled tailored and casual clothing, footwear and accessories. The Company sells its full product line through 119 stores nationwide, an international catalog with a total circulation of over 8 million and an e-commerce website at www.josbank.com.
The Company is headquartered in Hampstead, Maryland.
InterWorld is a registered trademark of InterWorld Corporation. Commerce Exchange is also a trademark of InterWorld. All other company, product, and brand names are trademarks of their respective owners.
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CONTACT: InterWorld Corporation
Holly Wells, 212/301-8708
hollyw@interworld.com
by
Merritt Group
Tom Rice, 703/556-6300 x130
rice@merrittgrp.com
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