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Stock impact report

Quiet Logistics dismantling continues with warehouse, customer transfer to Stord [Yahoo! Finance]

American Eagle Outfitters, Inc. (AEO) 
Last american eagle outfitters, inc. earnings: 3/4 04:01 pm Check Earnings Report
Company Research Source: Yahoo! Finance
for supporting interested Quiet customers following American Eagle Outfitters' decision last month to shutter its third-party logistics subsidiary. Terms of the agreement with American Eagle Outfitters were not disclosed. It is Stord's second major deal this year following last month's purchase of e-commerce logistics specialist Shipwire, underscoring the company's aggressive expansion strategy. Last year, Stord bought Ware2Go, an on-demand warehousing and fulfillment network, from UPS and outlined plans to invest up to $40 million to modernize its fulfillment center in Hebron, Kentucky. Stord, which says it is profitable, raised $200 million from investors to help fuel its expansion. Tuesday's agreement ensures continuity for Quiet customers while expanding Stord's footprint into the Dallas market. “Stord has an agreement with Quiet where Stord is the preferred fulfillment provider for former Quiet customers, including brands in the Dallas facility and across the former Quiet Show less Read more
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