PUBLISHER: The Load Star (www.theloadstar.com)
US apparel retailer American Eagle is beefing up its fulfillment and returns capabilities with the acquisition of a second 3PL in two months, after agreeing to pay $350m for Quiet Logistics, one of its current logistics providers.
American Eagle described the acquisition as “the next step in an ongoing supply chain transformation”, and it follows the takeover of AirTerra in early September for an undisclosed sum.
Chairman and CEO Jay Schottenstein said: “An important pillar of our strategy is transforming our supply chain to create greater agility, speed and diversification. Our vision is to create an on-demand, hyper-scaled operations platform that enables brand success.”