Hermes has revealed record results at its UK division, with revenue up 22% in 2011. The parcels company says this reinforces its position as the country’s second-largest home-delivery business. Revenue stood at €303m during 2011, up from €248m in the previous year. Hermes says its UK arm handled more than 140 million parcels during the year, as demand for its home delivery services increased with online retail sales. Carole Woodhead, chief executive at Hermes UK, says: “Our UK business has […]
Online grocery retailer Ocado has said its second customer fulfilment centre in Dordon, Warwickshire, will commence operations in February next year. Equipment installation at the warehouse is almost complete and testing has been underway since May, the firm confirmed. The project “remains in line with budget”, it said. The retailer, which also announced it had secured an 18-month extension on £100m of loans from its lenders to July 2015, said it had achieved an 11% rise in gross sales year-on-year […]
HMRC has responded to MP Frank Field’s call for an investigation into low pay at Hermes, stating it had referred his evidence to the “appropriate compliance teams for consideration”.
UK Mail Group saw turnover and pre-tax profit climb last year thanks to increased volumes, winning new business and retaining existing customers in its parcel and mail divisions.