Analysts have given a mixed response to a recent media report claiming US retail giant Home Depot had held internal talks about a potential bid to acquire XPO Logistics. The report, by US news website Recode, said an unnamed source “close to Home Depot’s strategy” had claimed the retail giant is considering a bid for the $9bn logistics company in order to prevent Amazon buying the logistics giant. XPO Logistics saw its share price soar following the report. Both companies […]
XPO Logistics has won a storage and distribution contract with toy manufacturer VTech.
Marks & Spencer has called time on its Neasden, north London DC. However, the high street retailer has said it will open a 495,000ft² clothing and home DC in Welham Green, Hertfordshire, early next year.
Eddie Stobart Logistics will replace XPO Logistics as the logistics partner for Aggregate Industries’ Concrete Products division.