GSI Commerce is an e-commerce company specializing in creating, developing and running online shopping sites for brick and mortar brands and retailers. The company also provides a variety of marketing, consumer engagement, customer care, payment processing, fulfillment, fraud detection, and technology integration services. GSI Commerce has over 500 clients and operates 26 offices in North America, Europe, and Asia. It provides services for companies such as Zales,[2] iRobot,[3] Timberland, Ace Hardware, Sports Authority, Dick's Sporting Goods, RadioShack,[4] and Toys "R" Us.[5] Originally founded by Michael Rubin in 1995 as Global Sports Incorporated, the company focused on selling sporting goods and supplies.[6] In 1999 it branched out into clothing and a variety of other categories and changed its name to GSI Commerce in 2002.[7] Toys "R" Us, one of GSI's largest e-commerce partners, chose GSI after suing Amazon.com for breach of its exclusivity contract.[4] In October 2000, GSI acquired FogDog.com, an online sporting goods store.[8] In August 2007, GSI acquired Accretive e-Commerce, a company with a similar business model, for $97.5 million.[9] In 2008 it was announced that Innotrac, a similar e-commerce company with fulfillment centers located throughout the United States, would be acquired however the deal was canceled in January 2009.[10] The company acquired e-Dialog in 2008; as well as Rue La La and Smartbargains.com in 2009 . It launched ShopRunner.com in October 2010 to compete directly with Amazon Prime. In September 2008, GSI and Timberland reached a settlement of up to $7,000,000 with a class of cell phone subscribers who alleged that they received unsolicited SMS text messages advertising for Timberland.[11] Both Timberland and GSI have denied any wrongful conduct and state that a completely separate and independent company was responsible for securing the consents of the class members to receive the text messages.[12] The settlement is significant as it is the first nationwide settlement for unsolicited text messages under the Telephone Consumer Protection Act.[13] On March 21, 2010, the company and its CEO, Michael Rubin, were featured on the CBS television series Undercover Boss.[14] [edit] References ^ "Undercover Boss - GSI Commerce". CBS. 2010. http://www.cbs.com/primetime/undercover_boss/video/?pid=hOlHWyIFoulqABpmTOrClAPCOUVstKJY&vs=homepage&play=true. Retrieved 2010-03-21. ^ PR Newswire: Gordon's Jewelers Launches Its First Webstore with E-Commerce Solution Partner GSI Commerce May 11, 2007 ^ PR Newswire: iRobot Selects GSI Commerce for its E-Commerce Solution ^ a b Regan, Keith (March 3, 2006). "Toys 'R' Us Wins Right to End Amazon Partnership". E-commerce Times. http://www.ecommercetimes.com/story/49188.html. Retrieved 2010-03-14. ^ Prial, Dunstan (May 25, 2006). "Toys has new Web partners". The Record. http://www.highbeam.com/doc/1P1-124224472.html. Retrieved 2010-03-14. ^ Huang, Patricia (July 6, 2006). "America's Youngest CEOs". Forbes. http://www.forbes.com/2006/07/06/leadership-management-ceo-cz_ph_0706americasyoungestceos.html. Retrieved 2010-03-14. ^ "Our History". GSI Commerce. 2009. http://www.gsicommerce.com/about/our_history.php. Retrieved 2010-03-14. ^ "FogDog Inc & GSI Commerce Inc On 10/25/00". SEC Info. http://www.secinfo.com/dut49.558k.htm. Retrieved 2010-03-14. ^ Tedeschi, Bob (August 27, 2007). "Late to Web Retailing? There's Still Money There". The New York Times. http://www.nytimes.com/2007/08/27/technology/27ecom.html. Retrieved 2010-03-14. ^ "Innotrac merger with GSI Commerce canceled". Philadelphia Business Journal. January 29, 2009. http://www.bizjournals.com/philadelphia/stories/2009/01/26/daily45.html. Retrieved 2010-03-14. ^ Weinstein v. Airit2me, Inc. et al., No. 06-C-0484 (N.D. Ill. 2008) ^ "GSI Commerce, Timberland in tentative settlement in text message case". Philadelphia Business Journal. September 15, 2008. http://www.bizjournals.com/philadelphia/stories/2008/09/15/daily4.html. Retrieved 2010-03-14. ^ "Timberland laces up $7M text spam settlement". Mass High Tech. September 23, 2008. http://www.masshightech.com/stories/2008/09/22/daily19-Timberland-laces-up-7M-text-spam-settlement.html. Retrieved 2010-03-14. ^ "Undercover Boss - GSI Commerce". CBS. 2010. http://www.cbs.com/primetime/undercover_boss/video/?pid=hOlHWyIFoulqABpmTOrClAPCOUVstKJY&vs=homepage&play=true. Retrieved 2010-03-21. [dead link] [edit] External links GSI Commerce official website GSI Commerce official LinkedIn company page v • d • e Philadelphia-area corporations (including the Delaware Valley) Philadelphia-based Fortune 500 corporations (by 2009 rank) Comcast (59) • Sunoco (78) • Cigna (129) • Aramark (189) • Crown Holdings (289) Delaware Valley-based Fortune 500 corporations (by 2009 rank) Companies listed above, plus: AmerisourceBergen (24) • DuPont (86) • Lincoln National Corporation (256) • Campbell Soup (299) • UGI Corp. (369) • SunGard (380) • Unisys (452) • Airgas (474) Other notable Philadelphia-based businesses Amoroso's • AppLabs • Beneficial Bank • Crozer Keystone Health System • Philadelphia Media Network • Radian Group • Tasty Baking • Urban Outfitters Notable Philadelphia-based professional partnerships Ballard Spahr • Blank Rome • Cozen O'Connor • Dechert • Drinker Biddle & Reath • Duane Morris • Morgan, Lewis & Bockius • Pepper Hamilton • Saul Ewing Other notable Delaware Valley-based businesses Aqua America • Bentley Systems • Brandywine Realty Trust • Boscov's • Carpenter Technology Corp. • Cephalon • GSI Commerce • Forman Mills • Liberty Property Trust • Polish Water Ice • Rita's Water Ice • Vanguard • ViroPharma • Wawa • Wilmington Trust • WSFS Bank Notable Delaware Valley-based US headquarters of foreign businesses ACE • AgustaWestland • AstraZeneca • HSBC Bank USA • ING Direct • SAP America • Siemens Medical • Shire Pharmaceuticals • Sovereign Bancorp • Subaru • Teva Pharmacueticals • TD Bank Notable Delaware Valley-based division headquarters of US corporations Acme (SuperValu) • AlliedBarton and Pinnacle Foods (Blackstone) • Keystone Helicopter (United Tech.) • Centocor (J&J) • Colonial Penn (Conseco) • Delmarva Power (Pepco Holdings) • Hercules (Ashland) • MAB Paints (Sherwin-Williams) • McNeil Laboratories (J&J) • Neoware (Hewlett-Packard) • PECO (Exelon) • QVC (Liberty Media) • Rohm and Haas (Dow Chemical)
| Type | Public (NASDAQ :GSIC ) |
|---|---|
| Industry | e-Commerce marketing services |
| Founded | 1995 |
| Headquarters | 935 First Avenue King of Prussia, Pennsylvania , United States Coordinates : 40°05′38″N 75°24′20″W / 40.093976°N 75.405661°W |
| Key people | Michael Rubin, CEO/founder |
| Revenue | $1.0 billion |
| Employees | 5,000 |
| Website | http://gsicommerce.com |
GSI Commerce is an e-commerce company specializing in creating, developing and running online shopping sites for brick and mortar brands and retailers. The company also provides a variety of marketing, consumer engagement, customer care, payment processing, fulfillment, fraud detection, and technology integration services. GSI Commerce has over 500 clients and operates 26 offices in North America, Europe, and Asia. It provides services for companies such as Zales , iRobot , Timberland , Ace Hardware , Sports Authority , Dick's Sporting Goods , RadioShack , and Toys "R" Us .
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. 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 go
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