Stord Opens Las Vegas Warehouse
October 26, 2021
facility will serve Stord customers in the Southwest and across Northern
California and is set to bring hundreds of jobs to Nevada over the
"We are laser-focused on making the supply chain a competitive advantage
for every one of our customers by combining end-to-end logistics with
integrated technology and cloud-like speed and flexibility," said Sean
Henry, CEO and co-founder of Stord. "Our Las Vegas facility will add
much-needed warehouse capacity heading into what is widely expected to
be the biggest e-commerce season ever. We are building out a hybrid
logistics network to help brands of all sizes operate their supply
chains with world-class efficiency."
The new Las Vegas warehouse continues recent company momentum, and in
the last two months Stord has:
Announced $90 million in Series D funding, to bring total financing
to $205 million
Achieved a valuation of $1.1 billion
Surpassed $100 million in revenue, on track to deliver its fourth
consecutive year of 300%+ growth
Acquired Fulfillment Works, a leading DTC fulfillment provider
Opened a new fulfillment center and innovation hub in Atlanta
Las Vegas will be Stord's fourth first-party facility, complemented by a
partner network of more than 500 warehouses to serve specialized
customer needs such as one-day or same-day shipping in niche markets.
Stord already has first-party warehouses in Atlanta, GA, North Haven,
CT, and Reno, NV.
Brands are under immense pressure to operate efficient supply chains
this holiday season with e-commerce sales expected to hit $218 billion,
growing 11% to 15% over 2020's record sales. Consumer expectations,
meanwhile, are at an all-time high: two out of five U.S. online
customers are much more likely to buy when they know delivery dates in
advance, while 70% are less likely to shop again with a retailer if they
are not informed about delivery delays.
are stuck trying to meet that increased e-commerce demand through a
patchwork of disconnected 3PLs that function as an inflexible, opaque
and expensive logistics network. Stord helps leading brands including
Advance Auto Parts, BodyArmor and Dollar General deliver cost-effective,
world-class logistics with a scalable cloud supply chain. Stord connects
warehousing, freight and fulfillment with intelligent supply chain
software to ensure orders are delivered on time to the right location.
Like its Atlanta facility, Stord's Las Vegas warehouse plans to deploy
the latest warehouse innovations, including robotics and other forms of
automation, and share best practices across its entire partner network.
Stord is actively hiring for several positions in the new facility, with
expectations to bring hundreds of jobs across Nevada in the coming
years. The Las Vegas warehouse will officially open on November 1.