November 29, 2021 – Los Angeles, California –Newegg Commerce, Inc. (NASDAQ: NEGG), one of North America’s leading technology-driven online retailers, today announced its expansion into two new distribution centers located in Atlanta, Georgia and Ontario, California. Covering more than 200,000 and 240,000 square feet, respectively, the facilities are important distribution points in helping Newegg better serve customers across the country. With a total of eight distribution facilities located across the United States, Newegg now has over 2.1 million square feet of warehouse and distribution space in key national centers including Los Angeles, Indianapolis, the New York metro area and now Atlanta.
“These new distribution facilities reinforce our commitment to fast and efficient delivery to customers across the United States,” said Don Gwizdak, Newegg vice president of operations. “Establishing a presence in Atlanta allows us to reach customers in the lower half of the East Coast much faster and more efficiently than ever before, while our new facility in Ontario gives us the scalability to meet customer needs. requests from our growing clientele on the West Coast. ”
Atlanta facility
With more than 200,000 square feet, the new Atlanta facility is an important distribution point to help Newegg better serve customers throughout the Southeast region. Until now, Newegg has relied primarily on its facilities in the Midwest and Northeast to serve customers throughout the eastern half of the United States. Establishing a presence in Atlanta allows the company to reach customers in the lower half of the East Coast faster and more efficiently.
Ontario facility
The Newegg distribution center in Ontario – which has been operational since mid-September – is helping to improve transloading capacities, improve efficiency and increase order throughput. Strategically located near the intersection of Interstate 10 and Interstate 15 in Southern California, the distribution facility with 64 trailer stands is positioned for streamlined inbound and outbound distribution. In addition, this new distribution center provides greater flexibility and improves the company’s ability to fulfill same-day delivery orders for customers in Southern California.
Newegg has steadily increased its distribution center footprint in the United States, previously adding a 275,000 square foot facility in Eastvale, Calif., In February of this year. In total, Newegg expanded its warehouses and distribution facilities from 1.4 million square feet in 2019 to over 2.1 million square feet today. The company’s growing infrastructure at key points across the United States reflects Newegg’s customer-centric approach to optimizing distribution facilities with improved material handling, order processing and expeditions. This strategy enables the company to improve the customer experience by providing better regional product availability and faster order fulfillment.
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On Newegg Commerce, Inc.
Newegg Commerce, Inc., headquartered in City of Industry, Calif., Is a leading technology-driven online retailer in North America and serves a global customer base throughout Europe, Asia- Pacific, Latin America and the Middle East. Founded in 2001, the company provides direct sales and an online marketplace platform for computer and computer hardware, consumer electronics, automotive, gaming products and finished products. Newegg also offers an extensive portfolio of technology, marketing, logistics and other partner services to help businesses grow their businesses. For more information, please visit https://www.newegg.com/.
This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements give our current expectations, opinions, beliefs or forecasts of future events and performance. A statement identified by the use of forward-looking words such as “will”, “may”, “expects”, “projects”, “anticipates”, “plans”, “believes”, “estimate”, “should” and certain of the other foregoing statements may be deemed to be forward-looking statements. Although Newegg believes that the expectations reflected in these forward-looking statements are reasonable, these statements involve risks and uncertainties that may cause actual future activities and results to differ materially from those suggested or described in this press release. Investors are cautioned that forward-looking statements are not guarantees of future performance and that actual results or developments may differ materially from those projected. The forward-looking statements contained in this press release are made as of the date hereof. The Company assumes no obligation to update or correct its own forward-looking statements, except as required by law, or those prepared by third parties which are not paid for by the Company. Documents filed by the company with the SEC are available at http://www.sec.gov.
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