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http://news1.equities.com/2013/01/31/988437.html

GUESS selects VendorNet for ship-from store fulfillment solutions

Comtex News Network

Jan 31, 2013 (Datamonitor via COMTEX) --GUESS, Inc., a designer and distributer of women's, men's and children's apparel and accessories, has selected VendorNet, Inc., an eBay, Inc. company and a provider of cross-channel fulfillment and supply chain technology, to provide ship-from store fulfillment solutions.

GUESS will leverage VendorNet's StoreNet technology to implement omnichannel retail capabilities, specifically fulfillment of online sales from its brick and mortar locations.

"We chose VendorNet to launch our omnichannel initiative, which focuses on maximizing our customers' shopping experience," said Michael Relich, executive vice president and chief information officer at GUESS. VendorNet's ability to intelligently distribute orders to the best fulfillment location, based on criteria that we define, was a key factor in our selection process. StoreNet will allow us to optimize our inventory, regardless of where it physically resides, and better serve our customers."

StoreNet enables GUESS to offer store inventory to its online customers, saving orders that would be lost if out-of-stock in warehouses. StoreNet also allows GUESS to sell-through clearance items and avoid markdowns on end-of-season merchandise.

GUESS will go live with StoreNet in the second quarter of this year. More than 500 GUESS stores across the US will be ship-from-store enabled when StoreNet is fully rolled out.

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