GXO Logistics Plans To Expand Its Partnership With UK Home Improvement And Garden Living Retailer B&Q
Portfolio Pulse from Benzinga Newsdesk
GXO Logistics is planning to expand its partnership with UK home improvement and garden living retailer B&Q. The multi-year agreement is part of B&Q’s strategy to optimize and transform its supply chain. A new facility in the North East of England will be established, featuring nearly 37,000 pallet spaces and employing over 100 people during peak times.
July 06, 2023 | 11:04 am
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The expansion of GXO Logistics' partnership with B&Q could potentially increase the company's revenues and strengthen its position in the logistics market.
The expansion of the partnership with B&Q is likely to increase GXO's revenues as it provides more logistics services. This could also enhance GXO's reputation in the logistics market, potentially attracting more clients.
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