Menu

Post image 1
Post image 2
1 / 2
0

M&S snaps up Asos warehouse amid huge digital expansion and plans to double online sales

The Independent·Holly Williams·23 days ago
#1x5WbTck
Reading 0:00
15s threshold

Marks & Spencer has agreed to purchase a warehouse from online retailer Asos in Staffordshire , a move expected to create 600 jobs and bolster its plans to double online sales . The 437,000 square foot site in Lichfield is set to become one of M&S’s largest distribution centres upon its opening in 2027. M&S stated the facility will add capacity, allowing quicker order processing to achieve its long-term target of doubling its online fashion , home, and beauty business. Asos mothballed the warehouse in 2023 as part of an overhaul to reduce stock, cut costs, and improve profitability. While a few hundred workers were employed there, Asos clarified they were not directly employed by the group. “The new site will support the strategy to deliver more of M&S fashion faster than ever before, enabling customers to order later in the day and with more sizes and styles available,” the chain said.…

Continue reading — create a free account

Join HashtagPLUS to read full articles, follow hashtags, vote, and join the conversation.

Read More