Clipper Logistics plc Clipper signs new 10yr contract with John Lewis (3078K)

TIDMCLG

RNS Number : 3078K

Clipper Logistics plc

20 September 2016

Clipper signs new 10 year Contract with John Lewis Partnership

Clipper Logistics plc ("Clipper", "the Group" or "the "Company"), a leading provider of value-added logistics solutions and e-fulfilment to the retail sector, is pleased to announce that it 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 announcement 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 2016 and will support John Lewis' 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.

Steve Parkin, Executive Chairman said:

"Clipper has had a long and close relationship with John Lewis which continues to develop on a number of fronts. We are delighted to be partnering with them once more and to have finalised this long term contract to enable us to continue to support their operations in the UK"

 
 
  ENQUIRIES 
                                 [phone] 
Clipper:                          2050 
Steve Parkin, Executive 
 Chairman 
Tony Mannix, Chief Executive 
 Officer 
David Hodkin, Chief Financial 
 Officer 
Public Relations Advisers: 
                                 [phone] 
Bell Pottinger:                   2500 
David Rydell 
Dan de Belder 
James Newman 
 

Founded by Steve Parkin in 1992, Clipper is amongst the leading providers of value- added logistics solutions and e-fulfilment to the retail sector in the United Kingdom, with an expanding business in Germany and employs nearly 3,000 people. The Group provides consultancy-led services within the online fashion and general merchandise sectors to its blue-chip client base including Harvey Nichols, ASOS, The John Lewis Partnership, Asda, Supergroup, Morrisons, New Look, Tesco and Sainsbury's.

This information is provided by RNS

The company news service from the London Stock Exchange

END

CNTGRGDCGXDBGLG

(END) Dow Jones Newswires

September 20, 2016 03:45 ET (07:45 GMT)