Clipper signs new 10-year contract with John Lewis
Source - SMW
Clipper Logistics has signed a new 10 year contract with The John Lewis Partnership to provide a range of retail support services from a new distribution centre at Grange Park, Northampton.
This follows the initial announcement made by the Company in March last year. The new distribution centre, acquired by Clipper earlier this year specifically for John Lewis, will provide in excess of 500,000 square feet of capacity.
Initial activity commenced in July and will support John Lewis's new distribution centre in Magna Park, Milton Keynes. The site will not only be the National Returns Centre for John Lewis managing all e-fulfilment and store returns, but will also provide pre retailing services for John Lewis and a number of other ancillary service activities to support the John Lewis operations.
At 9:27am: (LON:CLG) Clipper Logistics share price was +31p at 388.5p