Opening New Fulfillment Center in England in Response to Strong Demand for UK Order Fulfillment Services and Organic Growth Among Existing Clients
IRVING, Texas, May 04, 2023 (GLOBE NEWSWIRE) -- PFS (NASDAQ: PFSW) (the "Company"), a premier eCommerce order fulfillment provider, has entered into an agreement for lease for a new fulfillment center in Fareham, England.
The Company is poised to continue expanding in the United Kingdomexperienced strong organic growth and outgrew their existing capacity over the last two years, prompting the Company to expand its footprint. PFS' new facility will provide additional support for those existing clients, as well as create space for new client solutions.
Located 10 miles from its existing Southampton fulfillment center, the 70,000 square foot (6,600 square meter) facility in Fareham is strategically located near Southampton Airport and both the ports of Southampton and Portsmouth, allowing for convenient transportation and shipping options. Additionally, the proximity of the two facilities allows PFS leadership to oversee both fulfillment centers more easily, as well as provide cross-training opportunities for employees to serve multiple clients. The first client in this facility is scheduled to go live in the second quarter of 2023.
"Expanding our footprint in the UK is key to our long-term growth strategy and will meet the needs of our strong sales pipeline in the region," commented Zach Thomann, COO and PFS President. "More clients and prospects are desiring a multi-node order fulfillment strategy complemented by a brand-centric solution in each geography. We plan to design the new facility in Fareham specifically for health and beauty brands, while also implementing new sustainability initiatives. Creating opportunities to serve brands in our largest product vertical while advancing our sustainability goals is a win-win situation. PFS is a premier provider for brands searching for scalable, branded fulfillment operations, and we are excited to expand our operations in the UK to serve more clients."
About PFS
PFS, the business unit of PFSweb, Inc.or ir.pfsweb.comfor investor information.
North American Media Relations:
Robin Olsen
Berkeley Communications
720-891-8870
robin.olsen@berkeleypr.com
UK/European Media Relations:
Amanda Francis
Berkeley Communications
+44
Investor Relations:
Cody Slach or Jackie Keshner
Gateway Group, Inc.
1-949-574-3860
PFSW@gatewayir.com
