Argos is to move the bulk of its distribution operations in Magna Park, Lutterworth to Kettering at the end of the year.
Argos to move operations from Lutterworth to Kettering.The retailer, which is now a subsidiary of Sainsbury’s, said it proposed the move because the Lutterworth distribution centre had reached capacity.
Argos is set to transfer almost 500 workers in the move.
An Argos spokesperson said, “As our business continues to grow, so does the need to increase capacity within our distribution network. Our Magna Park Distribution Centre is almost 25 years old and has reached capacity so we are proposing to transfer operations to nearby Kettering at the end of 2017. This will ensure we can continue to service our stores and offer our customers the best possible service. We will look to redeploy as many colleagues as possible with the majority of roles moving to the new site. We appreciate this will be a difficult time for affected colleagues and will fully support them.”
Argos is moving the bulk of the operation to Wincanton Logistics in Kettering.
<b>Wincanton : Wins Four-Year Distribution Deal With IKEA In UK 12/21/2016 | 07:34am GMT</b>
LONDON (Alliance News) - Retail logistics group Wincanton PLC on Wednesday said it has won a four-year distribution contract with Swedish furniture giant IKEA.
Wincanton will provide operational development services and support two new distribution centres for IKEA in the UK. The firm will lease and fit-out the warehouses on IKEA's behalf with a combined space of 500,000 square foot.
No financial details on the agreement were disclosed.
Copyright 2016 Alliance News Limited. All Rights Reserved., source Alliance News
<b><u>Valuation 2017e 2018e</b></u>
P/E ratio (Price / EPS) 9,97x 9,36x Capitalization / Revenue 0,26x 0,25x EV / Revenue 0,29x 0,27x EV / EBITDA 5,04x 4,85x Yield (DPS / Price) 3,75% 4,04% Price to book (Price / BVPS) - -1,97x
Wincanton loses it contract with whsmiths who operates from 3 site to menzies who are making messing the contract up already but from im told by people within Wincanton, massive contracts are coming for 2017. Ikea is one which Wincanton is operating from 2 sites. New depot opening in Hemel Hampstead and some DHL contracts that's gone to Wincanton so watch this space
will win benefit from DHL's demise in the UK?-Isuppose XPO ex Dentresangle`'s American parent will also fall on hard times in the UK given the pound's devaluation.They will be much less competitive which would certainly help Win.Anyway recent imressive business wins,i.e.IKEA will give the company a boost.
Wincanton, the largest British logistics firm, has partnered with Majestic Wine, the UK’s largest specialist retailer of wine, to implement a new National Fulfilment Centre (NFC) at its shared user site in Greenford.
As part of a five-year agreement, Wincanton will store, pick, pack and deliver over 4 million Majestic Wine goods per annum, including fine wines, gift packs and seasonal items, to fulfil individual online customer orders.
The partnership between Wincanton and Majestic will give customers access to over 1,250 wines, one of the largest ranges in the UK, along with click and collect, named and next day delivery options. It will take tasks away from the stores and give Majestic’s people more time to focus on their customers as 40% of all online orders will be fulfilled through the NFC.
Wincanton’s retail experience and flexible service, based on a specialist warehouse management platform (WMS) is ideally suited to eCommerce operations. In addition, Wincanton’s track record in supporting companies who are implementing transformational change has, and will continue, to provide Majestic with best practice examples from across the multichannel retail market.
John Colley, Managing Director of Majestic Wine Retail commented: “Customer service is our key focus at Majestic and the launch of the NFC will be an important part of our transformation plan. Wincanton's flexibility, expertise and knowledge of retailers and the ecommerce space has been vital in this process and the site will greatly improve our customer service online and in-store as a result."
Liam McElroy, Managing Director, Retail & Consumer at Wincanton, said: “Consumers increasingly expect more flexibility and choice from their retailers. At Wincanton, we have the expertise, systems and infrastructure that’s needed to help retailers of all sizes grow, fulfill multi-channel orders and deliver a consistently high-quality customer experience. Through this partnership with Majestic, we’ve developed a joined up e-commerce fulfilment solution that will support them as they transform their business into a customer-focused multi-channel retailer."
Logistics firm Wincanton has reinforced its position as a leading provider of supply chain solutions in the construction sector following the announcement of a new contract with the UK’s largest supplier of ready-mixed concrete, Hanson.
The eight-year contract makes Wincanton the first 3PL provider to enter the ready-mixed concrete market. Under the terms of the contract, it is estimated that Hanson will require Wincanton to deliver in excess of half a million cubic metres of concrete each year. This will be fulfilled by a fleet of over 70 vehicles in Wincanton and Hanson liveries, which will be flexibly utilised to meet the demand.
Wincanton’s entry into the ready-mixed concrete supply chain will provide additional capacity at a time when the industry’s long term prospects look positive. The government has already spoken of its plans to build a million new homes by 2020 and to invest in major infrastructure projects such as HS2.
Wincanton is ideally placed to provide a flexible fleet of branded or Wincanton vehicles to support customers across the UK, extending the scope of the services provided to the construction industry. In addition, Wincanton’s experience and approach will ensure consistent standards, fulfil regulatory obligations and unlock efficiencies.
Chris Fenton, Managing Director at Wincanton said: “Hanson is a leading industry player and we look forward to working with the whole team to deliver the highest standards of operational excellence and customer service. The company makes a great addition to our growing portfolio of clients in the construction industry.
“We are an innovative business and are always looking at ways to improve and bolster our service offering to better support our customers. This contract win is very exciting news for us as we are the first 3PL provider to enter the ready-mix concrete market, strengthening our position as a pioneer in the logistics sector. This will offer us a lot of opportunities to showcase our inventive ways of working and the ingenuity of our approach to help our customers grow.”
Matt Barlow, Hanson UK’s Supply Chain Director added:“We have chosen Wincanton for its expertise, scale and professionalism, we are confident that this new contract will unlock efficiencies within our business where truck utilisation and on-time delivery are critical.”
“The outsourcing of part of our concrete delivery operations to Wincanton will complement our existing franchise and company vehicle fleet and allow us to provide high levels of service to all our customers.”
Hanson UK is part of the HeidelbergCement Group. Its concrete business consists of 178 production plants across the UK, which offers significant scope to develop this relationship further both in ready-mixed concrete and the wider Hanson business.
Wincanton is the largest British logistics firm and last year celebrated its 90th anniversary. It em
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