Popular now
Marks Electrical FY revenues drop 7.5%

Marks Electrical FY revenues drop 7.5%

Retail employment falls to its lowest level on record

Retail employment falls to its lowest level on record

Retail News

Hot weather helps retail sales jump 1.2% in May

M&S eyes new Midlands warehouse amid spike in online sales

M&S eyes new Midlands warehouse amid spike in online sales

On this episode of Talking Shop, we are joined by Nikki Baird, Vice President of Strategy and Product at Aptos. Nikki has spent decades separating technology hype from real-world consumer behavior. Today, we delve into the emergence of the "dark funnel" and how LLMs like ChatGPT are disrupting traditional retail search pipelines, breaking retail media networks, and forcing retailers to their re-evaluate product landing page.

Register to get free articles

No spam Unsubscribe anytime

Want unlimited access? View Plans

Already have an account? Sign in

M&S is looking to open a giant new warehouse in the Midlands as a way to prepare for the exponential growth of its online fashion and homeware categories, The Telegraph has reported. 

It comes after the retailer recently revamped its online user experience, with improvements including personalised homepages, faster browsing speeds, simplified navigation and modernised visuals. 

It is understood from property agents that M&S is searching for a one million sq ft site in the Northamptonshire region, though no concrete decision has been made. 

The retailer has amassed approximately 9.4 million regular shoppers, and aims for 50% of its fashion and homeware sales to come from online purchases. This is despite most of these sales still occurring in-store. 

M&S has also reportedly saved £45m by refining its supply chain, having reduced the number of warehouses and distribution centres from 16 in 2018 to 10 in 2023.

This was also part of the retailer’s plan to modernise its warehouses with increased automation, having added a newly-automated facility at its Bradford centre. 

A M&S spokesman told The Telegraph: “Modernising our supply chain is a key pillar of our strategy to reshape M&S for growth, so we always keep an eye on what’s in the market, but this is nothing more than that.”

Previous Post
Today’s news in brief-27/9/24

Today’s news in brief-27/9/24

Next Post
Lookfantastic unveils first permanent store in Greater Manchester

Lookfantastic unveils first permanent store in Greater Manchester