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In an effort to expand its range of gifts, 1-800-FLOWERS.COM is developing a
merchant partner program to broaden its assortment.
Finlay Enterprises, Inc. has become the exclusive supplier of fine
jewelry products within the program. Finlay is also the first partner in
the program.
All fine jewelry items will be sold under the 1-800-FLOWERS.COM brand
name. Finlay will be responsible for order fulfillment and inventory
management.
Jim McCann, 1-800-FLOWERS.COM CEO said, ``Our Merchant Partner
Program allows us to cost efficiently expand our product offering for
our customers by leveraging the merchandising, inventory and fulfillment
capabilities of our partners,'' he said. ``Our partners, in return, get
to leverage 1-800-FLOWERS.COM's leading brand name along with access to
our substantial, and growing, web site traffic and our 8.5 million plus
customers.''
Arthur E. Reiner, Chairman and Chief Executive Officer of Finlay
Enterprises, Inc., commented, ``We believe our merchandising, marketing
and distribution expertise, combined with 1-800-FLOWERS.COM's 8.5
million customers, will give Finlay an important presence in this
exciting distribution channel.''
1-800-FLOWERS.COM's fine jewelry offering is expected to ``go live''
on the Company's web site in October 2000.
13/07/00 Source: 1-800-Flowers.com
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