Press release content from Globe Newswire. The AP news staff was not involved in its creation.
PFSweb Reports First Quarter 2021 Results
PFSweb, Inc.May 7, 2021 GMT
ALLEN, Texas, May 07, 2021 (GLOBE NEWSWIRE) PFSweb, Inc. (NASDAQ: PFSW), a global commerce services company, is reporting results for the first quarter ended March 31, 2021.
“We have carried our operational momentum into 2021 with a record bookings quarter for LiveArea and strong performance continuing in PFS,” said Mike Willoughby, CEO of PFSweb. “Our high levels of execution across both business units allowed us to drive a 16% increase in service fee revenue year-over-year. Across our organization, we have worked to optimize our resources, further develop our strong pipeline, and stay committed to meeting our clients’ evolving needs amid a dynamic retail environment. As eCommerce tailwinds persist, we expect the solid foundation we have built to fuel our continued progress.”
PFSweb: Q1 Earnings Snapshot
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ALLEN, Texas (AP) PFSweb Inc. (PFSW) on Friday reported a loss of $2.4 million in its first quarter.
On a per-share basis, the Allen, Texas-based company said it had a loss of 11 cents. Earnings, adjusted for costs related to mergers and acquisitions and stock option expense, came to 1 cent per share.
The operator of internet retail websites posted revenue of $78 million in the period.
PFSweb shares have increased roughly 2% since the beginning of the year. The stock has increased 67% in the last 12 months.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PFSW at https://www.zacks.com/ap/PFSW
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ALLEN, Texas, May 06, 2021of UK consumers, conducted by PFS, the operations business unit of PFSweb, Inc. (NASDAQ: PFSW), reveals that as consumers head into an increasingly digital-first era, customer loyalty will hinge on a brand s ability to bridge the disconnect between the physical and eCommerce channels.
With 80% of all respondents in the survey confirming they missed at least one aspect of the traditional shopping experience while perusing online, brands have been hard-pressed to replicate tangible in-store elements digitally during the pandemic.
The research has uncovered that to form new brand connections online, fulfilment will serve as a key differentiator, with omnichannel fulfilment offerings such as buy online, pick-up in-store (BOPIS) or buy online, ship-from-store models acting as the linchpin, bridging the gap between the two channels.
Press release content from Globe Newswire. The AP news staff was not involved in its creation.
New Executives Join LiveArea in North America
PFSweb, Inc.April 27, 2021 GMT
NEW YORK, April 27, 2021 (GLOBE NEWSWIRE) Global customer experience and commerce agency LiveArea, a business unit of PFSweb, Inc. (NASDAQ: PFSW), has added two new executives to its North America leadership team to support the agency’s expanding capabilities.
Taking on the new role of Area Vice President of Growth is Michael Maione. He joins LiveArea from Publicis Sapient, where he spent more than 10 years, most recently as Vice President and Client Executive working with Fortune 100 brands. In his new role, Maione will apply his more than 20 years of experience in advertising, performance marketing, and information technology to expand LiveArea’s growth across new industries, brands, and market opportunities. Maione will report to Steve Coy, LiveArea Senior Vice President and Head of Worldwide Growth a
LiveArea Expands Executive Leadership Team in Europe; Two Key Roles Added
April 13, 2021 08:30 ET | Source: PFSweb, Inc. PFSweb, Inc. Allen, Texas, UNITED STATES
LONDON, April 13, 2021 (GLOBE NEWSWIRE) Global customer experience and commerce agency LiveArea, a business unit of PFSweb, Inc. (NASDAQ: PFSW), has added two commerce industry veterans to its European executive team based in London. Samantha Mansfield has joined LiveArea as Senior Strategy Director in EMEA, while Ben Rainbow has taken on the new role of Alliances Director for EMEA. Both executives will focus on clients and partners, respectively, in Europe, including Benelux (Belgium, Netherlands, and Luxembourg) and DACH (Germany, Austria, and Switzerland). The company recently announced its expansion into these regions.