ALLEN, TX--(Marketwired - Dec 31, 2014) - PFSweb, Inc. (
Mr. Arnaud Ajdler
Engine Capital LP
1370 Broadway, 5th Floor
New York, New York 10018
Dear Mr. Ajdler:
We are in receipt of your letter dated December 29, 2014 and it has been shared with our full Board. We appreciate the views of our shareholders and always welcome additive observations about our industry and its competitive landscape. We are committed to driving value for all PFSweb shareholders and will continue to consider actions to achieve this important objective.
Both the Board and management are confident in our use of prudent acquisitions to augment our organic growth initiatives. We invite you to review our strategy which is set forth on our PFSweb corporate investor relations web site at http://ir.pfsweb.com/events.cfm. We believe this open, multi-faceted growth strategy will continue to create value for all of our stakeholders.
As we do for all our shareholders, Tom Madden and I will do our best to make ourselves available to you at a mutually convenient time should you wish to discuss PFSweb's general business strategy and our competitive environment.
I hope you have a happy new year and a prosperous 2015.
Best regards.
Michael Willoughby
Chief Executive Officer
About PFSweb Inc.
PFSweb (