Systemax Inc. Ranked 12th Largest Multi-Channel Retailer for 2011
September 22 2011 - 9:00AM
Business Wire
Systemax Inc. (NYSE: SYX) is proud to announce it has
been ranked by Multichannel Merchant Magazine as the 12th largest
multi-channel retailer for 2011, up from the 14th largest in
2010.
Systemax was also ranked by the magazine as the 5th largest
reseller of computers and electronics, further demonstrating the
strength of the Systemax multi-brand, multi-channel philosophy.
“We are honored to be ranked so highly in these categories,”
said Richard Leeds, Chairman and CEO of Systemax Inc. “Our globally
recognized brands, which include TigerDirect, CompUSA, Circuit
City, Global Industrial, MISCO and WStore, continue to be leaders
in the markets they serve. However, innovation is required in all
of our channels to remain competitive. Our ongoing desire to
improve the customer experience has led to innovations such as
Retail 2.0, which has provided Systemax with a competitive
advantage in the industry.”
In the Systemax family of brands the multi-channel approach
includes: e-Commerce; retail; corporate/enterprise sales; direct
response; and, catalog direct mail. Combined with multiple brands
that cater to specific product categories and demographic profiles,
Systemax firmly believes that a multi-channel approach allows the
Company to serve a diverse customer base in the retail medium they
prefer.
The Multichannel Merchant Magazine Top 100 report can be found
at http://multichannelmerchant.com/mcm100/.
About Systemax Inc.
Systemax Inc. (http://www.systemax.com), a Fortune 1000 company,
sells personal computers, computer components and supplies,
consumer electronics and industrial products through a system of
branded e-Commerce websites, retail stores, relationship marketers
and direct mail catalogs in North America and Europe. The primary
brands are TigerDirect, CompUSA, Circuit City, MISCO, WStore and
Global Industrial.
Forward-Looking
Statements
This press release contains forward-looking statements about the
Company’s performance. These statements are based on management’s
estimates, assumptions and projections and are not guarantees of
future performance. The Company assumes no obligation to update
these statements. Actual results may differ materially from results
expressed or implied in these statements as the result of risks,
uncertainties and other factors including, but not limited to: (a)
unanticipated variations in sales volume, (b) economic conditions
and exchange rates, (c) actions by competitors, (d) the
continuation of key vendor relationships, (e) the ability to
maintain satisfactory loan agreements with lenders, (f) risks
associated with the delivery of merchandise to customers utilizing
common carriers, (g) the operation of the Company’s management
information systems, and (h) unanticipated legal and administrative
proceedings. Please refer to “Risk Factors” and the Forward Looking
Statements sections contained in the Company’s Form 10-K for a more
detailed explanation of the inherent limitations in such
forward-looking statements.
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