PFSweb Extends Lease for Southaven, MS Distribution Center
March 16 2011 - 8:00AM
Business Wire
PFSweb, Inc. (Nasdaq: PFSW), an international business
process outsourcing provider of end-to-end e-commerce solutions,
today announced that its subsidiary, Priority Fulfillment Services
, has extended the lease on a 434,900 square foot facility in
Southaven, MS from which the Company operates one of its
distribution centers (the “Southaven center”).
PFSweb initially opened the Southaven center, located just
outside of Memphis, in 2004 and uses the facility to warehouse,
fulfill and ship customer orders on behalf of its clients. In total
PFSweb operates in more than 1.2 million square feet of warehouse
space at five different distribution centers around the world. In
addition to the Southaven center, PFSweb operates in distribution
centers in Memphis, TN, Grapevine, TX, Markham, Canada and Liege,
Belgium.
“Our Southaven distribution center has been an integral part of
our order fulfillment services offering. Over the years we have
established an industry leading infrastructure, technology and
workforce that has helped us secure our position as one of the most
innovative providers of order fulfillment and end-to-end e-commerce
solutions in the world,” stated Michael Willoughby, President of
PFSweb. “Our Southaven facility is strategically located within the
continental United States, allowing us to quickly manage the
fulfillment of customer orders on behalf of our clients.”
About PFSweb, Inc.
PFSweb develops and deploys comprehensive end-to-end eCommerce
solutions for Fortune 1000, Global 2000 and brand name companies,
including interactive marketing services, global fulfillment and
logistics and high-touch customer care. The company serves a
multitude of industries and company types, including such clients
as P&G, LEGO, Carter's, AAFES, Riverbed, InfoPrint Solutions
Company, Hawker Beechcraft Corp., Roots Canada Ltd. and Xerox.
To find out more about PFSweb, Inc. (NASDAQ: PFSW), visit the
company's website at http://www.pfsweb.com.
The matters discussed herein consist of forward-looking
information under the Private Securities Litigation Reform Act of
1995 and is subject to and involves risks and uncertainties, which
could cause actual results to differ materially from the
forward-looking information. PFSweb's Annual Report on Form 10-K
for the year ended December 31, 2009 and Quarterly Report on Form
10-Q for the nine months ended September 30, 2010 identify certain
factors that could cause actual results to differ materially from
those projected in any forward looking statements made and
investors are advised to review the Annual and Quarterly Reports
and the Risk Factors described therein. PFSweb undertakes no
obligation to update publicly any forward-looking statement for any
reason, even if new information becomes available or other events
occur in the future. There may be additional risks that we do not
currently view as material or that are not presently known.
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