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fulfilmentcrowd Platform
One global fulfilment platform
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Welcome to fulfilmentcrowd's press and news center, your source for the latest company updates and press releases.
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December 23, 2024
Lancashire Business View: Record-breaking Black Friday performance for fulfilmentcrowd
fulfilmentcrowd has announced a record-breaking Black Friday for 2024, with year-on-year volume growth of 48% during the Black Friday and Cyber Monday week.
December 17, 2024
Retail Focus: Why forecasting is critical to success in omnichannel retail
The team at fulfilmentcrowd – a global logistics platform for high- growth omnichannel brands – share insight into tech and its role in delivering peak season profitability.
December 13, 2024
Retail Insight Network: Peak season amplifies bracketing problems for UK retailers
Social media's "haul culture" combined with the ease of Buy Now, Pay Later (BNPL) schemes drives a growing trend of bulk ordering, with the intention of returning most items.
November 15, 2024
Northern Ireland World: fulfilmentcrowd announces new Ireland fulfilment centre.
Global fulfilment provider, fulfilmentcrowd, has announced a new 161,733 square ft fulfilment centre based at Aerodrome Business Park, Dublin. With a prime location – nestled close to the M50, N4, N7, and N81 – this “in country” fulfilment hub will help retailers to streamline operations, cut down delivery times, and reduce shipping costs.
November 1, 2024
MSN: Logistics group fulfilmentcrowd set for growth in 2025 after posting record revenues
fulfilmentcrowd reported record revenues of £17.4 million for 2024, with a 23% year-on-year increase driven by strong growth in its international subsidiaries in Germany and the USA, now comprising 22% of group turnover. The company’s EBITDA also doubled to £1.7 million, and it plans to expand with new warehouse locations in Australia and the Republic of Ireland for FY25.
October 17, 2024
Manufacturing and Logistics IT: common pain points for retailers preparing for peak season.
Retailers preparing for peak season face critical pain points such as missed SLAs, lost parcels, and rising costs, as noted by fulfilmentcrowd CEO Lee Thompson, who stresses the importance of scalable fulfilment and flexible logistics solutions to handle surges in demand and protect customer satisfaction. By optimizing warehouse layouts, leveraging technology, and ensuring reliable post-purchase experiences, retailers can navigate challenges and improve performance during this profitable yet demanding period.
October 16, 2024
Retail Insight Network : The key challenges for retailers this peak season.
As peak shopping season approaches, retailers are grappling with operational pressures such as missed SLAs, rising costs, and customer service overload, with fulfilmentcrowd CEO Lee Thompson emphasizing the importance of scalable fulfilment infrastructure to maintain efficiency and customer satisfaction during this crucial period.
October 16, 2024
Yahoo! Finance: Key challenges for retailers this peak season.
As the 2024 peak shopping season begins, retailers face mounting challenges such as rising costs, missed SLAs, and customer service overload. Lee Thompson, CEO of fulfilmentcrowd, stresses the importance of scalable fulfilment solutions to handle demand surges, safeguard customer satisfaction, and support brand confidence during this critical period.
October 11, 2024
National World : Global logistics platform reports profit acceleration and positive trading outlook.
fulfilmentcrowd, a global logistics platform, reported record revenues of £17.4 million for FY24, marking a 23% year-on-year growth, driven by international subsidiaries and a strong focus on the health and wellbeing sector. The company's EBITDA doubled to £1.7 million, supported by improved margins and cash conversion. In H1 of FY25, the business is already ahead of expectations, with new customer wins generating £3.5 million in annual contract value. The platform continues to expand globally, with new warehouses planned in Australia and Ireland, and remains focused on sustainable growth and innovation through its R&D initiatives.
October 8, 2024
Global logistics platform, fulfilmentcrowd, has posted record revenues for FY24 and reports strong H1 FY25 trading. In the year ending 31 March 2024, the Lancashire headquartered tech company recorded revenue of £17.4m, up 23 per cent year-on-year. 22% of group turnover was generated by its international subsidiaries in Germany and the USA, representing a 37% increase on FY23.
October 8, 2024
Featured in the Business Desk: fulfilmentcrowd’s logistics platform delivers strong results
Global logistics platform fulfilmentcrowd reported record revenues of £17.4 million for the fiscal year ending March 31, 2024, marking a 23% increase year-on-year. The company saw significant growth in its international operations, with a 37% rise in turnover from subsidiaries in Germany and the USA. EBITDA doubled to £1.7 million. CFO Jon Davies and CEO Lee Thompson attributed the success to the company’s strategic execution and strong team performance. The firm plans further expansion, with new warehouses in Australia and Ireland, and projected revenues exceeding £20 million for FY25.
October 8, 2024
Business Manchester: fulfilmentcrowd Sustains Strong Growth Through Strategic Expansion
Leading logistics platform, fulfilmentcrowd, reported a 23% year-on-year revenue increase, reaching £17.4 million for the fiscal year ending March 2024. Significant growth was driven by international operations in Germany and the USA, contributing to 22% of total revenue. The company also doubled its EBITDA to £1.7 million. Strategic expansions include new warehouses in Australia and Ireland, enhancing their global footprint. Fulfilmentcrowd aims for revenues exceeding £20 million in FY25, focusing on the health and wellbeing sector and further market diversification.