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| [January 09, 2013] |
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DSW Selects VendorNet® as Its Omnichannel Technology Partner
BOYNTON BEACH, Fla. --(Business Wire)--
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 (News - Alert), 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," saidSharon 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 (News - Alert) at http://twitter.com/DSWShoeLovers
and "like" DSW on Facebook (News - Alert) at http://www.facebook.com/DSW.
About VendorNet
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 (News - Alert) 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.

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