American Eagle Outfitters

JLL, Quiet Platforms pioneer flexible rent model, scale fulfillment network

In the first half of 2022, heightened e-commerce demand and limited warehouse supply were the prevailing trends.

Then, in October, Prologis further validated that narrative, reporting that occupancy tightened, more leases commenced, and utilization of space was at the 95th percentile historically during the third quarter. Currently, nationwide industrial vacancy rates are sitting at all-time lows.

All of that activity means tenants have been forced to pay more for space. As of October, Prologis...

https://www.freightwaves.com/news/jll-quiet-platforms-pioneer-flexible-rent-model-scale-fulfillment-network

American Eagle logistics arm Quiet Platforms partners with FourKites

American Eagle quiet platforms logistics

American Eagle Outfitters (NYSE: AEO) continues to deliver on its mission to become a logistics powerhouse.

The retailer’s logistics arm, Quiet Platforms, which Chief Supply Chain Officer Shekar Natarajan has dubbed the “anti-Amazon,” on Thursday announced a partnership with supply chain visibility leader FourKites to help customers track the movement of inventory in real time.

Quiet last month officially launched its flagship Delivery Network, which pools the logistics assets of different...

https://www.freightwaves.com/news/american-eagle-logistics-arm-quiet-platforms-partners-with-fourkites

Goliath, meet David: Quiet Logistics launches ‘anti-Amazon’ network

American Eagle storefront

There’s an underdog story unfolding in U.S. logistics.

You’re probably familiar with the tale of David and Goliath — the young shepherd David, against all odds, triumphs over the much larger, more fearsome Goliath. 

In the logistics space, Amazon is Goliath. The e-commerce powerhouse has nearly 1,200 active facilities in the U.S., dwarfing its nearest competitors Walmart and Target.

But this week, Amazon may have met its David.

Quiet Platforms, the logistics arm of American Eagle Outfitters (NYSE:...

https://www.freightwaves.com/news/goliath-meet-david-quiet-logistics-launches-anti-amazon-network

Quiet Platforms inks delivery deal with DHL

DHL delivery vans parked in a row

American Eagle Outfitters’ (NYSE: AEO) logistics subsidiary, Quiet Platforms, continues to expand its reach into the e-commerce parcel space. On Tuesday, Quiet announced a partnership with DHL eCommerce Solutions to provide date-definitive delivery service.

The new service will reach up to 93% of the postal codes within Quiet Platform’s national network and can be set up with any custom integration, Quiet said. Additionally, the companies will jointly work to develop new delivery services in the...

https://www.freightwaves.com/news/quiet-platforms-cuts-ecommerce-delivery-deal-with-dhl

American Eagle logistics arm Quiet Platforms adds Atlanta fulfillment hub

American Eagle retail store

American Eagle Outfitters (NYSE: AEO) wants to shepherd retailers into the shared logistics era. The company’s logistics subsidiary Quiet Platforms on Wednesday announced the addition of an Atlanta fulfillment hub to its “plug-and-play” platform, which pools the delivery and fulfillment assets of retailers into one shared network.

For years, the conventional wisdom among retailers was to use as few delivery partners as possible. But as supply chains became more and more volatile, brands realized...

https://www.freightwaves.com/news/american-eagle-logistics-arm-quiet-platforms-adds-atlanta-fulfillment-hub

American Eagle’s Quiet Platforms partners with global shipper Pitney Bowes

American Eagle store

Just a few days after it was one of the lone bright spots in American Eagle Outfitters’ Q1 2022 earnings report, the retailer’s logistics platform continues to make moves.

Quiet Platforms, the outfitter’s delivery and fulfillment subsidiary, on Tuesday announced a collaboration with global shipper Pitney Bowes (NYSE: PBI) to bring value-added carrier services to its network, an open-sharing platform that’s aiming to become the “anti-Amazon.”  The growing platform boasts clients such as Steve...

https://www.freightwaves.com/news/american-eagles-quiet-platforms-partners-with-global-shipper-pitney-bowes

American Eagle supply chain business snatches revenue growth from decline

American Eagle storefront

There’s no way around it — it’s been a difficult first quarter for retail. A few companies like Macy’s and Dollar Tree appear to have emerged unscathed, raising their quarterly guidance. But for the majority, including Walmart, Target, Kohl’s and Abercrombie & Fitch, weak Q1 2022 results drove downward revisions for the next quarter.

American Eagle (NYSE: AEO) is no exception. The outfitter missed on both revenue and EPS in what CEO Jay Schottenstein described on the company’s Q1 earnings call...

https://www.freightwaves.com/news/american-eagle-supply-chain-business-snatches-revenue-growth-from-decline

American Eagle steps up bid to become the ‘anti-Amazon’

American Eagle Outfitters storefront logistics

Amazon is both the poster child for efficient delivery and the object of ire for every other delivery company. Customers love it. Competitors want to be it. But Amazon’s newest rival comes from an unexpected place.

This week, American Eagle (NYSE: AEO) logistics subsidiary Quiet Platforms added sports retailer Fanatics as a partner, expanding the outfitter’s logistics network in a bid to compete with the massive marketplace. The partnership builds on Quiet Platforms’ radical last-mile delivery...

https://www.freightwaves.com/news/american-eagle-steps-up-bid-to-become-the-anti-amazon

Who wants to own a trucking company? Retailers are starting to line up

Retailers looking to buy trucking assets

BJ’s Wholesale Clubs. American Eagle Outfitters. Ashley Furniture. They are among a growing trend of retailers buying up transportation and logistics assets.

Over the last four decades, trucking capacity was generally plentiful and retailers were more than happy to outsource it, explained  Gary Petty, president of the National Private Truck Council (NPTC). Freight rates were low and there was no shortage of “bottom-feeder carriers” willing to haul items cheaply. 

“Companies could pick and choose...

https://www.freightwaves.com/news/supply-chain-crisis-drives-more-retailers-to-buy-logistics-and-trucking-firms

BJ’s latest retailer to secure its own capacity, acquiring assets from Burris Logistics

In what is quickly becoming a growing trend, another major retailer is acquiring a transportation provider to help secure its supply chain.

BJ’s Wholesale Club announced it is acquiring four refrigerated distribution centers and the related private fleet of longtime transportation partner Burris Logistics.

Terms of the deal were not disclosed. The transaction is expected to close in the second quarter.

“For more than 20 years, we have enjoyed a true partnership with the Burris Logistics team as we...

https://www.freightwaves.com/news/bjs-latest-retailer-to-secure-its-own-capacity-acquiring-assets-from-burris-logistics

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