Marks & Spencer (M&S) has acquired a warehouse from fellow U.K. retailer Asos as the department store seeks to double its online fashion business. The fully automated 437,000-square-foot logistics hub in Lichfield, U.K. is expected to become operational by 2027. The warehouse is expected to employ 600 people, according to a company press release. M&S acquired the space for 67.5 million pounds ($91 million), which is designed to add capacity across the retailer’s distribution network and process orders more quickly to serve customers faster. The company said the warehouse will enable customers to order items online later in the day, while making more sizes and styles available. “We’ve always said that we’ll deliver our transformation with highly disciplined capital investment, always mindful of spending shareholder money wisely,” said John Lyttle, managing director for fashion, home and beauty at M&S.…