✉news BusinessStartups first seen 6 d ago, last 7 h ago, peak #1

Home Depot Acquires Warehouse Automation Startup SIMPL

Home Depot has acquired SIMPL, a warehouse automation startup, in a move signaling continued investment in supply chain technology. The retailer has been building out its logistics network to speed up deliveries for both consumers and professional contractors. Industry observers see the purchase as part of a broader push among large retailers to automate distribution centers amid rising e-commerce volumes.

Why now: Retailers' race to automate fulfillment and supply chains is drawing close attention from industry and logistics watchers.

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Evidence

• Home Depot Acquires Warehouse Automation Startup SIMPL · National Association of Wholesaler-Distributors

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