Speed Commerce Partners With Lowe's to Power Its E-Commerce Platform in Mexico


DALLAS, Oct. 13, 2014 (GLOBE NEWSWIRE) -- Speed Commerce, Inc. (Nasdaq:SPDC), a leading provider of omni-channel e-commerce services, has launched a highly customized e-commerce solution for Lowe's Companies, Inc. (NYSE:LOW), the world´s second-largest home improvement retailer, to support its operations in Mexico.

As a result, consumers in the Monterrey, Nuevo Leon area of Mexico will be able to shop 5,000 Lowe's Mexico items conveniently online (www.Lowes.com.mx), and can pick up their purchase in the store or have it shipped to their home. The site will continue to expand items and geographical presence in the near future.

This e-commerce platform includes an omni-channel order management system which allows Lowe's to ship to stores, ship from stores and pick-up in stores, as well as to ship from fulfillment centers or by drop shipping.

"E-commerce expansion is a key element in Lowe's international growth strategy," said Doug Robinson, Lowe's Head of International Operations and Development. "As we continue to grow internationally, country-specific sites like the one developed by Speed Commerce for our operations in Mexico help us continue to provide locally relevant experiences for consumers."

"We continue to expand our portfolio of top-tier clients, as evidenced by the successful launch of the Lowe's web store," said Richard S Willis, CEO of Speed Commerce. "By leveraging the depth and strength of our Oracle Commerce implementation team, we have developed a flexible, scalable platform that can grow with Lowe's as its international presence expands, while continuing to deliver a unique and seamless online shopping experience for its customers."

About Lowe's

With fiscal year 2013 sales of $50.5 billion, Lowe's Companies, Inc. is a FORTUNE® 100 company that serves approximately 15 million customers a week at more than 1,825 home improvement and hardware stores in the United States, Canada and Mexico. Founded in 1946 and based in Mooresville, N.C., Lowe's is the second-largest home improvement retailer in the world. For more information, visit Lowes.com.

About Speed Commerce, Inc.

Speed Commerce, Inc. (Nasdaq:SPDC) is a single-source provider of e-commerce service solutions to leading retailers and manufacturers. The company's omni-channel capabilities unite a digital commerce strategy with traditional retail channels, creating the ultimate branded shopping experience. Services include e-commerce platform development; hosting, managed and marketing services; order and inventory management; pick, pack & ship; returns processing; and 24/7 customer care. For additional information, please visit the company's website at www.speedcommerce.com.



            

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