SPS Commerce Needs More Than ToolBox In This Market
A fresh box of tools wasn’t enough for retail supply-chain software developer SPS Commerce (SPSC) to quick-fix the downward dive of its stock this week. But Toronto-based ToolBox Solutions should provide SPS with enough analytics tools to grow revenue from grocery stores and pharmacies for years to come. Minneapolis-based SPS Commerce disclosed the $22.9 million purchase of ToolBox on Wednesday, before the market open, in the midst of the stock