Company type | Public |
---|---|
Nasdaq: SPSC S&P 600 Component | |
Industry | Technology – application software |
Founded | 1987 |
Founder | Gary W Anderson[ citation needed ] |
Headquarters | , United States |
Key people |
|
Services | Supply chain management solutions,[ buzzword ] EDI |
Revenue | $ 450 million (2022) [4] |
Number of employees | 1,363 (2019) [5] |
Website | www |
SPS Commerce is a corporation based in the United States that provides cloud-based supply chain management software to retailers, suppliers, third-party logistics providers and partners. [6] The company's headquarters are located in Minneapolis, Minnesota, [7] but also has a US office in New Jersey, and international locations in Beijing, Hong Kong, Sydney, Melbourne, Toronto, and Kyiv. [8] In 2015, the Minneapolis Star Tribune reported that SPS Commerce was ranked by WorkplaceDynamics as the best large workplace in Minnesota. [9] SPS was also ranked among the top 10 fastest growing publicly traded companies in Minnesota in 2014. [10]
The company was founded in 1987 , [11] under the name St. Paul Software. [12] In 2000, the company sold its software business to Netherlands-based TIE Commerce. [13] After the sale, the company primarily offered internet-based business-to-business (B2B) exchanges for retailers and manufacturers. [14] St. Paul Software was renamed SPS Commerce in May 2001. [15] SPS Commerce went public in April 2010 when it debuted on the NASDAQ global market. [16] SPS has enjoyed 91 consecutive quarters of growth, most of which has been organic. They acquire companies where it makes sense, notably:
In addition to acquiring companies, SPS has been acquiring executives to newly created roles to expand the executive team:
The Star Tribune is the largest newspaper in Minnesota. It originated as the Minneapolis Tribune in 1867 and the competing Minneapolis Daily Star in 1920. During the 1930s and 1940s, the two newspapers were consolidated, with the Tribune published in the morning and the Star in the evening. They merged in 1982, creating the Star and Tribune, which was renamed the Star Tribune in 1987. After a tumultuous period in which the newspaper was sold and re-sold and filed for bankruptcy protection in 2009, it was purchased by local businessman Glen Taylor in 2014.
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Brenton G. Hayden is an American entrepreneur. He is most well known for founding and serving as chief executive officer of Renters Warehouse. Hayden founded Renters Warehouse during the real estate market downturn in 2007. In 2015, the company reported revenues of $15 million, up 184 percent from the last three years.
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