ven net a sub of gsi. news on gsi yesterday they will partner with dsw who are a major shoe and accessory retailer. seems likely we will be selling shoes in china??? the more the merrier. may well be a happy new year here! glta DSW Selects VendorNet® as Its Omnichannel Technology Partner
StoreNet® Live helps retailer provide any shoe, anywhere, anytime
BOYNTON BEACH, Fla., Jan. 9, 2013 – Designer Shoe Warehouse Inc. (NYSE: DSW), a leading footwear and accessory retailer, has selected VendorNet to provide ship-from store and dropship management solutions.
VendorNet, a wholly owned subsidiary of GSI Commerce, an eBay Inc. company, is a provider of cross-channel fulfillment and supply chain technology. DSW will use VendorNet’s StoreNet® Live to implement omnichannel retail capabilities, including brick and mortar store fulfillment for online sales.
Through StoreNet’s Ship-from Store offering, DSW’s fleet of 364 stores will be positioned as direct-to-consumer fulfillment locations. DSW will leverage store inventory and personnel to fulfill store and online orders, recapturing sales that would have been lost due to out-of-stock conditions. StoreNet will also enable DSW to sell-through select store merchandise at higher margins based on specific criteria such as end-of-life products. In addition, DSW is deploying VendorNet Dropship Manager to further enhance product assortment and availability for its customers.
“With today’s consumers being more powerful than the purveyor of goods, out-of-stocks are unacceptable; customers will go elsewhere,” stated Roger Rawlins, senior vice president of ecommerce, and leader of omnichannel initiatives at DSW. “We want to offer our customers universal inventory availability which is central to our omnichannel mantra ‘any shoe, anywhere, anytime.’ Deploying StoreNet will be a major milestone in making this mantra a reality.”
Rawlins cited a number of reasons DSW selected VendorNet as its omnichannel solutions partner, including best practice guidance, speed-to-market, a simple and intuitive user interface for its store associates, and the unequivocal endorsement from existing top-tier retail clients. “At the end of the day, we found that StoreNet is hands-down the best solution for our store associates. Plus, it’s the closest turnkey omnichannel solution in the marketplace requiring little to no customization,” commented Rawlins.
“DSW is methodically establishing the technical, cultural, and operational foundation that must be embraced to succeed in this new era of omnichannel commerce,” said Sharon Gardner, general manager and co-founder of VendorNet. “We are pleased to be chosen as DSW’s omnichannel technology partner. We believe this initiative will drive incremental sales, improve inventory productivity, reduce unnecessary markdowns and enhance the customer experience. With DSW’s Rewards Program growing to 21 million members today, customers value the DSW shopping experience and we are honored to be a part of it.”
About DSW Inc.
DSW Inc. is a leading branded footwear and accessories retailer that offers a wide selection of brand name and designer footwear and accessories for women, men and kids. As of December 21, 2012, DSW operated 364 stores in 41 states, the District of Columbia and Puerto Rico, and operated an e-commerce site, http://www.dsw.com, and a mobile website, http://m.dsw.com. DSW also supplied footwear to 346 leased locations in the United States under the Affiliated Business Group. For store locations and additional information about DSW, visit http://www.dswinc.com. Follow DSW on Twitter at http://twitter.com/DSWShoeLovers and “like” DSW on Facebook at http://www.facebook.com/DSW.
VendorNet (www.vendornet.com) delivers web-based omni-retailing and supply chain solutions that enable intelligent cross-channel commerce by integrating and routing orders from all sales channels to the best-source fulfillment location including warehouses, suppliers, and brick and mortar stores. These solutions optimize inventory usage and visibility, decrease order delivery time and expense, improve customer loyalty and satisfaction, and increase sales. More than 200 retailers and over 25,000 suppliers, warehouses, and stores are leveraging VendorNet solutions. Retail clients include Nine West, CompUSA, Neiman Marcus, David’s Bridal, Toys“R”Us, Orvis, National Geographic, Rue La La, Saks Fifth Avenue, Liz Claiborne, and Guitar Center. VendorNet is a wholly-owned subsidiary of GSI Commerce. GSI Commerce is an eBay Inc. (Nasdaq: EBAY) company.
About GSI Commerce
GSI Commerce® enables omnichannel commerce, multichannel retailing and digital marketing for global enterprises in the U.S. and internationally. GSI’s ecommerce services, which include technology, order management, payment processing, fulfillment and customer care, are available on a modular basis or as part of an integrated solution. GSI’s marketing services are comprised of innovative digital marketing products and services which include database management and segmentation, marketing distribution channels, a global digital agency to drive strategic and creative direction and an advanced advertising analytics and attribution management platform. GSI is headquartered in King of Prussia, Pa. and has major service offices in New York, Los Angeles, Barcelona, Spain, London, UK and Beijing, China. More information can be found at gsicommerce.com. GSI is an eBay Inc. (Nasdaq: EBAY) company.