LATHAM, N.Y.,
Aug. 30,
2023 /PRNewswire/ -- As part of its growth strategy
to increase scale and carry the hottest branded merchandise to
become a multi-billion-dollar retailer, Shoe Carnival, Inc.
(Nasdaq: SCVL) is striving for a significant increase in online
sales of third-party-owned products. To achieve this, Shoe Carnival
is working with CommerceHub, one of the world's largest commerce
networks, to make it easier to find, onboard and effectively
merchandise new products from qualified brands that Shoe Carnival
customers love.
"CommerceHub is helping us create more
agile ecommerce capabilities and respond rapidly to shifts in
consumer demand"
Shoe Carnival currently generates over $1.2 billion in annual revenue and is one of the
nation's largest family footwear retailers, offering a broad
assortment with an emphasis on national name brands. In addition to
its nearly four hundred stores nationwide, the company has a
growing online retail business leveraging innovation from
CommerceHub, where 40,000 brands and retailers transact over
$50 billion in gross merchandise
value annually.
Over the past decade, Shoe Carnival has demonstrated consistent
growth based on a customer-centric approach, strong supplier brand
partnerships, and best-in-class merchandising. The company has
applied these same strengths to grow its ecommerce business, with a
successful strategy increasing online product assortment and
personalization at scale. CommerceHub is a cloud-based commerce
network and provides SaaS solutions enabling its partners to
profitably grow their retail and ecommerce businesses with
asset-light business models, increased agility, and efficiency,
while also improving consumer shopping experiences.
"We've built our business on getting closer to our customers and
understanding their preferences and style choices in a rapidly
changing market, and we are incredibly optimistic about our future
growth," said Kent Zimmerman, VP of
eCommerce & CRM, Shoe Carnival. "We are strategically
growing our sales in third-party-owned inventory through ecommerce,
which enables us to better serve consumers by providing them with
more styles and more selection while making it easy for them to
have a great experience shopping with us."
Quickly and easily adding new product assortment can be a
challenge, but CommerceHub's comprehensive ecommerce
capabilities include unified drop ship and marketplace, advanced
catalog services, and fast, effortless fulfillment that
empowers its partners to win.
"CommerceHub is helping us create more agile ecommerce
capabilities and respond rapidly to shifts in consumer demand, to
more effectively stock inventory consumers want right when they
want it and allow them to get it faster," Zimmerman added. "Shoe
Carnival is doing this very successfully and providing a seamless
experience for its consumers across its stores and online that is
generating strong results."
About Shoe Carnival
Shoe Carnival, Inc. is one of the
nation's largest family footwear retailers, offering a broad
assortment of dress, casual and athletic footwear for men, women,
and children with emphasis on national name brands. As of
June 24, 2022, the Company operates
395 stores in 35 states and Puerto
Rico under its Shoe Carnival and Shoe Station banners and
offers shopping at www.shoecarnival.com. Headquartered in
Evansville, IN, Shoe Carnival,
Inc. trades on The Nasdaq Stock Market LLC under the symbol SCVL.
Press releases and annual report are available on the Company's
website at www.shoecarnival.com.
About CommerceHub
CommerceHub is one of the
world's largest, most trusted commerce networks, connecting over
40,000 retailers and brands globally to transact more than
$50 billion in gross merchandise
value (GMV) annually. Customers rely on CommerceHub's software
solutions to reach and convert more shoppers, expand margin, and
enhance the online shopping experience through drop ship,
marketplace, digital advertising, and delivery management. For more
information, visit: commercehub.com.
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SOURCE CommerceHub