GENCO Partners With Future Shop to Provide Product Returns Efficiencies.Business Editors PITTSBURGH--(BUSINESS WIRE)--Sept. 6, 2001 GENCO GENCO Generation Company (Pakistan) GENCO General Company Distribution System, a leading provider of logistics and specialty services including processing defective product returns, today announces a partnership with Future Shop Ltd., Canada's leading retailer and e-tailer of consumer electronic products for the digital age. GENCO, an international company based out of Pittsburgh, PA, has other major retail clients such as: The Hudson Bay Hudson Bay, inland sea of North America, c.475,000 sq mi (1,230,000 sq km), c.850 mi (1,370 km) long and c.650 mi (1,050 km) wide, E central Canada. Hudson Bay and James Bay (its southern extension) and all their islands border Nunavut Territory, Manitoba, Ontario, Co., Zellers, Sears, Kmart, Target and Canadian Tire Canadian Tire (TSX: CTC, CTC.A) is one of Canada's 35 largest publicly traded companies and operates an inter-related network of businesses engaged in retailing (hardgoods, apparel and petroleum) and services (financial and automotive). . GENCO has over 100 years of experience and process over $6 billion worth of returns annually for clients. GENCO holds a unique and unsurpassed position in the logistics industry due to international capabilities including reverse logistics This article or section needs sources or references that appear in reliable, third-party publications. Alone, primary sources and sources affiliated with the subject of this article are not sufficient for an accurate encyclopedia article. serving retailers worldwide including Canada and Europe. "GENCO is a premier supplier of third party reverse logistics specializing in defective goods," comments Tim Copp, Vice President of Corporate Operations for Future Shop. "By partnering with them we will see both significant cost savings and improved supply chain efficiencies." "We are very excited about providing reverse logistics services to Future Shop," said Curtis Greve President -- Retail Services for GENCO. "Our goal is to provide value to Future Shop that will enable one of the leading consumer electronic retailers in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. to provide better service and offerings to their customers, vendors and partners." The transition, which is scheduled for completion by October 5, 2001, will result in Future Shop having one National returns depot operated by GENCO in Mississauga, Ontario. Founded over 100 years ago, GENCO Distribution System is a recognized leader in full product life cycle management, including distribution, returns management, and specialized Internet enabled logistic solutions. Its clients include a wide array of retailers and manufacturers, including Wal-Mart, Target, Sears, J.C. Penney, Kmart, Ames, Unilever, Braun, Revlon, Reckitt Benckiser, Tandy Corporation, Hewlett Packard, Hershey Foods, Elizabeth Arden, Polo Ralph Lauren Polo Ralph Lauren (NYSE: RL) is American fashion designer Ralph Lauren's luxury lifestyle company. Polo Ralph Lauren specializes in high-end casual/semi-formal wear for men and women, as well as accessories, fragrance, and housewares. , Levi Strauss, Whirlpool, Novartis, Dixons Stores, and MasterLock. For more information about GENCO, please visit us online at www.genco.com Future Shop is Canada's largest, fastest-growing national retailer and e-tailer of consumer electronic products for the digital age, with 89 superstores and the nation's premier online electronics superstore, at futureshop.ca. Future Shop and its 7,100 associates are committed to providing Canadians with fast, friendly service, the latest digital products such as DVD players and wireless internet devices, and a wide selection of televisions, computers, music and appliances. Future Shop is listed on the Toronto Stock Exchange Toronto Stock Exchange (TSE) Canada's largest stock exchange, trading approximately 1,200 company stocks and 33 options. under the symbol FSS FSS Federal Supply Service (US General Services Administration) FSS Flight Service Station FSS Family Self-Sufficiency FSS Fixed Satellite Service FSS Forensic Science Service (Great Britain) . For more information about Future Shop, please visit us online at www.futureshop.ca. |
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