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Stock impact report

GXO and OBI announce contract renewal to celebrate 5th partnership anniversary [Yahoo! Finance]

GXO Logistics, Inc. (GXO) 
Company Research Source: Yahoo! Finance
WARSAW, Poland, Nov. 28, 2024 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. (NYSE: GXO), the world's largest pure-play contract logistics provider, and OBI, a leading brand in the European DIY market, today announced their partnership renewal which will extend beyond retail to include ecommerce and returns, at an onsite celebration of the partnership's fifth anniversary. The partnership began in 2019 and initially focused on delivering goods to the OBI retail stores in Poland and has been successively extended to ecommerce, including overall order management and delivery for all online purchases, as well as returns, made by OBI individual customers in Poland. “We thank OBI for the trust they continue to place in GXO,” said Jean Luc Bessade, Managing Director, Poland, Czech Republic, Romania at GXO. “The long-term duration of our partnership enables us to focus on continuous improvement and developing our team members to support OBI's growth in Poland, which are critical to building a p Show less Read more
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