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.