GSI Commerce

GSI Commerce

Infobox Company
name = GSI Commerce
company_
type = Public (NASDAQ: [http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=GSIC&selected=GSIC GSIC] )
foundation = 1995
location_city = King of Prussia, Pennsylvania
location_country = United States
location =
935 First Avenue
locations =
key_people = Michael Rubin, CEO/founder
area_served =
industry = e-Commerce outsourcing
products =
services =
revenue =
operating_income =
net_income =
num_employees = 4,000Yahoo! Finance: [http://finance.yahoo.com/q/pr?s=GSIC GSI Commerce] ]
parent =
divisions =
subsid =
slogan =
homepage = http://gsicommerce.com
dissolved =
footnotes =
intl =

GSI Commerce is an e-commerce company specializing in creating, developing and running online shopping sites for brick and mortar retail companies that wish to have an online presence. It contracts with companies such as
Zales, [PR Newswire: [http://www.sys-con.com/read/374571.htm Gordon's Jewelers Launches Its First Webstore with E-Commerce Solution Partner GSI Commerce] May 11, 2007] iRobot, [PR Newswire: [http://www.highbeam.com/doc/1G1-141185502.html iRobot Selects GSI Commerce for its E-Commerce Solution] ] Hershey's, Palm Inc., [Reuters: [http://today.reuters.com/stocks/KeyDevelopments.aspx?symbol=GSIC.O GSI Corporation key developments] ] HBO,Forbes: [http://www.forbes.com/leadership/2006/07/06/leadership-management-ceo-cz_ph_0706americasyoungestceos.html America's Youngest CEOs] July 6, 2006.] Timberland, Linens 'N Things, Ace Hardware, Sports Authority, Dick's Sporting Goods, RadioShack,E-Commerce Times: [http://www.ecommercetimes.com/story/49188.html Toys 'R' Us wins right to end amazon partnership.] , March 3, 2006] and Toys "R" Us. [The Record: [http://www.highbeam.com/doc/1P1-124224472.html Toys has new Web partners] ] [The Wall Street Journal: [http://online.wsj.com/article/SB114848163513761901.html?mod=googlewsj Toys 'R' Us Selects Web Sales Partners To Replace Amazon] . May 25, 2006.]

Originally founded by Michael Rubin in 1995 as Global Sports Incorporated, the company focused on selling sporting goods and supplies. In 1999 it branched out into clothing and a variety of other categories and changed its name to GSI Commerce in 2002.cite web| url =http://www.gsicommerce.com/aboutus/history.jsp| title = A Brief History of GSI Commerce| publisher =GSI Commerce| accessdate =2007-05-13] Toys"R"Us, one of GSI's largest e-commerce partners, chose GSI after suing Amazon.com for breach of its exclusivity contract. In October 2000, GSI acquired FogDog.com, an online sporting goods store. [ [http://www.secinfo.com/dut49.558k.htm] ] In August 2007, GSI acquired Accretive e-Commerce, a company with a similar business model, for $97.5 million.Tedeschi, Bob. "Late to Web Retailing? There’s Still Money There". New York Times: August 27, 2007.] It expanded with the acquisition of Innotrac, a similar e-commerce company with fulfillment centers located throughout the United States. [ [http://www.philly.com/inquirer/breaking/business_breaking/20081006_GSI_expanding_U_S__reach_with_Innotrac.html GSI expanding U.S. reach with Innotrac] ]

References

External links

* [http://www.gsicommerce.com GSI Commerce official website]


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