As supply chain challenges persist, apparel retailer American Eagle Outfitters announced it is acquiring a supply chain startup, Quiet Logistics, for $350 million.
The startup has provided fulfillment services for American Eagle for about a year. Quiet Logistics runs a network of warehouses in Boston, Chicago, Los Angeles, Dallas, St. Louis and Jacksonville, Florida. Per a statement from the company, this helps bring products closer to consumer need, creates inventory efficiencies and provides affordable same- and next-day delivery services.
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