Vitacost.com, Inc. Announces the Official Opening of Its New West Coast Distribution Center
28 4월 2010 - 9:30PM
Business Wire
Vitacost.com, Inc. (NASDAQ:VITC), a leading online retailer and
direct marketer of health and wellness products, announced the
opening of its new west coast distribution center located in Las
Vegas, NV. The new 155,000 square foot distribution center replaces
the Company’s former 63,000 square foot Las Vegas facility, which
is in the process of being closed. All products are now
successfully being shipped out of the new facility.
The new distribution center is equipped with A-Frame technology
that will allow the Company to double the number of orders
processed from approximately 500 per hour to approximately 1,000
per hour. Over time, the Company expects this new technology to
allow the distribution center to process up to approximately 1,700
orders per hour at peak utilization.
“We are pleased the new distribution center was completed and
opened on schedule. The implementation of more automated
technologies will not only improve our efficiencies over time, but
will provide the infrastructure needed to support our continued
growth in the years to come,” said Ira Kerker, Vitacost.com’s Chief
Executive Officer. “Over the past 16 years we have built a Company
that is now the leading online retailer and direct marketer of
health and wellness products, and we intend to continue to gain
market share by offering the best value, superior customer service
and timely and accurate delivery of leading products.”
About Vitacost.com, Inc.
Vitacost.com, Inc. (Symbol: VITC) is a leading online retailer
and direct marketer of health and wellness products, including
dietary supplements such as vitamins, minerals, herbs or other
botanicals, amino acids and metabolites, as well as cosmetics,
organic body and personal care products, sports nutrition and
health foods. Vitacost.com, Inc. sells these products directly to
consumers through its website, www.vitacost.com, as well as through
its catalogs. Vitacost.com, Inc. strives to offer its customers the
broadest product selection of healthy living products, while
providing superior customer service and timely and accurate
delivery.
Forward-Looking Statements
Except for historical information contained herein, the
statements in this release are forward-looking and made pursuant to
the safe harbor provisions of the Private Securities Litigation
Reform Act of 1995. Forward-looking statements made herein, which
include management's expected results of operations for the first
quarter of 2010, and the full year of 2010, involve known and
unknown risks and uncertainties, which may cause Vitacost's actual
results in current or future periods to differ materially from
forecasted results. Those risks and uncertainties include, among
other things, the current global economic downturn or recession;
difficulty expanding its manufacturing and distribution facilities;
significant competition in its industry; unfavorable publicity or
consumer perception of its products on the Internet; the incurrence
of material product liability and product recall costs; inability
to defend intellectual property claims; costs of compliance and its
failure to comply with government regulations; its failure to keep
pace with the demands of customers for new products; disruptions in
its manufacturing system, including information technology systems,
or losses of manufacturing certifications; and the lack of
long-term experience with human consumption of some of its products
with innovative ingredients. Those and other risks are more fully
described in Vitacost's filings with the Securities and Exchange
Commission, including the Registration Statement on Form S-1, as
amended, filed in connection with the Company's initial public
offering as well as the Company's form 10-K filed for the full year
ending December 31, 2009.
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