M&S reveals £200m distribution plan
Marks & Spencer (M&S) is investing £200m into a new distribution centre at London Gateway in a bid to improve efficiencies in the supply chain.
The new centre aims to reduce fuel and costs and will be over 900,000sq ft.
M&S claimed that locating its new centre at this global shipping gateway will enable it to move millions of products from ships to the London Gateway Logistics Park.
M&S chief executive Marc Bolland said: “London Gateway will become our third-largest distribution centre in the UK as we transform our logistics operations into a modern and agile supply chain, fit for the future of M&S.
“As we become an international, multi-channel retailer, London Gateway will help us become more efficient by cutting costs and locating our supply chain closer to our stores and our international markets. It will also help us deliver against our Plan A objectives by removing road miles and emissions from our network,” he added.
Prime Minister David Cameron visited the site and has welcomed the new initiative by the chain. The construction of the new site is expected to begin in 2014.