M&S acquires former ASOS distribution centre in transformation push
M&S has agreed to acquire a new 437,000 square foot fully automated fashion distribution centre in Lichfield as it accelerates transformation of its fashion, home and beauty business.
Expected to employ 600 people, the former ASOS site is set to become operational within the M&S network in 2027.
Subscribe to TRBThe new logistics hub will add capacity and support M&S in its efforts to deliver fashion items “faster than ever before”, with more sizes and styles available and customers able to order later in the day.
John Lyttle, M&S managing director for fashion, home and beauty, said: “As we transform M&S fashion, home and beauty, our ambition is to double online sales.
“To achieve this and serve our customers faster, more efficiently and with better availability, our 24/7 distribution network needs more capacity.
“We’ve always said that we’ll deliver our transformation with highly disciplined capital investment, always mindful of spending shareholder money wisely.
“This acquisition does just that, delivering tangible business benefits that move our transformation forward, at a much lower cost compared to a new build option.”
Supply chain transformation is currently a strategic priority for M&S as it looks to improve the customer proposition, drive online growth and make efficiencies to improve profit margins in the long term.
