Wednesday 22nd May 2019 - Logistics Manager Magazine

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AO builds £15m Brexit stockpile

Online electrical retailer AO has revealed that it has stockpiled some £15 million worth of its fastest moving products as part of its Brexit planning, warning that this is having an impact on its cash position.

H&M to open 73,000 sq m MK logistics hub

H&M is set to open its 73,000 sq m (785,765 sq ft) distribution centre in Milton Keynes which will service H&M stores in the UK and Ireland as well processing online orders from, making it H&M’s first omni-channel distribution centre. Takes 165,000 sq ft South East DC

European design brand has signed a lease for a new 165,000 sq ft distribution centre based at the DP World London Gateway Logistics Park in Stanford-le-Hope, Essex to replace its existing distribution centre near Ipswich to enable it to increase capacity and take greater control of its service to UK customers.

Delivery Group acquires ONEPOST

The Delivery Group has acquired ONEPOST in a move that will take combined group turnover to £250 million, managing almost a billion items of mail and packages in the UK and Internationally.

John Lewis targets zero-carbon fleet by 2045

The John Lewis Partnership has committed to making its transport fleet zero carbon by 2045 – a move that involves switching more than 3,200 trucks, trailers and vans to zero-emission vehicles.

Kingfisher profits fall despite transformation plan

Kingfisher’s strategy to create a single buying organisation and unify product ranges across its brands produced clear benefits last year, but it was not enough to outweigh weaknesses in it base business, the company said in its annual results.

14 pc sales increase for ASOS

ASOS has seen a 14 per cent increase in its UK retail sales three months to 28 February and 13 per cent increase in total retail sales.