NVDA gained a massive 197% since our AI first added it in November - is it time to sell? 🤔Read more

M&S to close Hardwick distribution centre, affecting 450 jobs

Published 17/04/2018, 15:18
© Reuters. A branch of retail store Marks and Spencer is seen in central London
MKS
-
DHLn
-

(Reuters) - Marks & Spencer (L:MKS) said it would close its Hardwick distribution centre in north-west England, where 450 contractors supply clothing and home products to its stores in the north west and Scotland.

The British retailer said the site would cease operations in September, with work transferring to other centres, including one in Bradford that it is automating. Its contractors XPO Logistics and DHL have started consultations with their Hardwick staff, it said.

M&S also said it had appointed DHL, owned by Deutsche Post AG (DE:DPWGn), to operate its new South East distribution centre at Welham Green.

The centre, which was announced in January, will open in 2019, M&S said, adding that DHL will recruit around 500 people to work at the site.

© Reuters. A branch of retail store Marks and Spencer is seen in central London

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.