Major Retailers are Using GiftNow from Loop Commerce to Guarantee Last-Minute Delivery as Holiday Shipping Windows Close

MENLO PARK, Calif.–(BUSINESS WIRE)–As the window for standard shipping closes for many retailers, Loop
Commerce, the leading e-gifting platform, today announced that its
GiftNow service is being used at major retailers including Macy’s, Saks
Fifth Avenue, Neiman Marcus, Bergdorf Goodman, American Giant and Coach,
among others. This creates new opportunities for retailers this holiday
season in capturing these last-minute sales due to shipping cut off
times, thus extending the holiday gifting shopping window and attracting
incremental sales.

“Last-minute holiday shoppers who might have otherwise been forced to
compromise with an online gift card can now shop from the comfort of
their home at major retailers, choose thoughtful gifts and send them
instantly, even as late as Christmas Eve or Christmas Day,” said Loop
Commerce CEO and Co-Founder Roy Erez. “This is an innovation that is
reshaping gift giving and commerce overall, and we’re seeing it through
our own data where apparel is one of the top gifts this season.”

With Loop’s disruptive GiftNow solution, gift givers visit a
participating retailer’s website, select an item, and then send it by
providing only the gift receiver’s e-mail address. No need to contact
the recipient to check sizing or delivery address. Recipients receive
notifications of their gifts via email and are directed to the
retailer’s online store to accept them. GiftNow is not a gift-card. The
service and experience makes sure to convey the thoughtfulness of a real
gift and keep the excitement and surprise of one. Recipients can then
configure the gift to suit their preferences, whether it is size, style
or color, or instantly exchange them before having the gift shipped to
the address of their choosing.

Founded in 2012, Loop Commerce is working with the leading recognized
retailers and brands to revolutionize the estimated $300 billion online
gifting market. Loop’s GiftNow is the first and only solution that truly
bridges the information gap between a gift buyer and recipient, ensuring
the recipient receives the gift that suits them perfectly and with the
high expectations of a thoughtful experience.

About Loop Commerce

Loop Commerce is driving a paradigm shift in e-commerce by removing the
obstacles consumers face when trying to buy a physical product as a
gift. Loop is an enterprise-grade, fully customizable, e-gifting
solution powering the shopping experience, checkout and e-gifting
platform with its GiftNow service for leading retailers. By integrating
the personalization of gifting with the convenience of online shopping,
Loop makes buying gifts simpler and more thoughtful for consumers, while
driving significant business value and incremental sales for retailers.
Loop’s solution seamlessly integrates with retailers’ online stores
through a zero-integration implementation, fueling increased business,
reducing costly returns and exchanges, and enhancing customer
acquisition and loyalty. The company’s groundbreaking SaaS solution was
built and optimized with significant R&D and collective experience
working with some of the largest and most demanding retail brands. Loop
is backed by PayPal and key executives in technology, e-commerce and
retail. For more information about Loop Commerce, visit our website
and follow us on Twitter @LoopCommerce and
on LinkedIn.

Contacts

Berns Communications Group
Michael McMullan, 212-994-4660
mmcmullan@bcg-pr.com