GSI Commerce Inc. believes working closely with partners to formulate e-commerce solutions is the key to growth for both entities. They know they will succeed only when they have met their partner’s e-commerce needs exactly. GSI is a provider of these e-commerce solutions for retailers, branded manufacturers, entertainment firms, and professional sports organizations.
GSI Commerce, formerly known as Global Sports Inc. has headquarters in King of Prussia, Pennsylvania. They have a market capitalization of $649.6M and list on NASDAQ. Some of the businesses they collaborate with are Major League Baseball, the Houston Texans of the NFL, iRobot, Bath and Body Works, Ralph Lauren, and CBS Sports to name just a few.
The company’s focus is on providing e-commerce capabilities to their customers through their integrated e-commerce platform. This platform consists of technology, logistics, customer care, and marketing services. GSI now has approximately 85 partners that they work with to help them get their e-commerce operations up-to-speed and operating efficiently.
They began their e-commerce operation in 1999, and by 2002 had a West Coast office serving institutions such as Public Broadcasting Service and Nickelodeon. By 2004, the company had net revenues of $335.1M. In 2005, GSI ventured into providing e-commerce solutions to Zales Corporation, a jewelry and luxury goods company. In 2006, GSI purchased Aspherio, S.L., a Barcelona, Spain-based company that provides outsourced e-commerce solutions.
Michael G. Rubin is the Chairman, President, and Chief Executive Officer of GSI Commerce. He has held the post of Chairman and CEO since 1995. Since 2006, he has held the President’s position. He is a winner of various awards for his business skills, and oversees the sales, strategic planning, and corporate development group of GSI. He also directs the corporate support and governance group of the company.
With their recent acquisition of Accretive Commerce Inc., a provider of e-commerce, fulfillment, and customer care solutions, GSI continues to grow. Their goal is to make every one of their partners’ e-commerce operations run smoothly and efficiently. GSI knows their future success depends on their clients’ e-commerce success.
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