XPO Logistics Puts Spinoff of Assets on Hold Due to Market Conditions

| Mike O'Brien

Just two months after announcing it was exploring strategic alternatives, including selling off one or more of its business units but keeping its LTL services intact, the company pulled this option off the table due to the effects of the coronavirus on markets. XPO had been looking at divestiture after a two-year, $8 billion acquisition spree.

O+F Advisor 3/11/20

| David Hurwitz

Multichannel Merchant Operations & Fulfillment Strategies & Tactics week of 3/11/2020 Grocers Limit Items, Leave-On-Porch Deliveries Grow Due to Coronavirus Panic buying continues to cause empty grocery shelves due to … Continue Reading →

Spate of Four Acquisitions in Operations and Fulfillment

| Mike O'Brien

This was a busy M&A week among operations and fulfillment vendors. FOG Software Group acquired shipping software firm ProShip from Quadient; Hy Tek Material Handling acquired Johnson Stevens Consulting; Dematic acquired Digital Applications International Ltd; and Aptean acquired TMS firm Paragon Software Systems.

Coronavirus Market Volatility Has Cole Haan Delaying IPO

| Douglas P. Clement

Footwear and lifestyle accessories brand Cole Haan’s plans to raise a reported $100 million in an IPO are on hold due to market volatility related to coronavirus concerns, several media outlets reported. Reuters said Cole Haan declined comment on the news, adding Warner Music Group Corp. also delayed its IPO plans for the same reason.

SheerID Adds Corporate “Tribes” to Identity Marketing Verification

| Douglas P. Clement

SheerID, whose verification software allows brands to present personalized offers and rewards to members of “tribes” like teachers and the military, has expanded its identity marketing platform, offering employment verification in 191 countries.