Marks & Spencer was stung with a £13.1m net charge last year in its UK logistics operation as it pushed ahead with the restructure of its Clothing & Home distribution network to a single-tier format. In its full-year results for the year ended 31 March, distribution woes and supply chain restructuring played their part in the retailer’s 62.1% pre-tax profit slump from £176.4m in 2017 to £66.8m. In its results, the retailer said its supply chains in both Food and […]
Michael Chambers has taken on the role of new chief executive at logistics firm Gist following the retirement of Martin Gwynn.
Analysts have said the planned sale of DHL Express’s same-day domestic business will create another major player in the market to compete with CitySprint, and is unlikely to affect DHL’s profitability.
BHS’s logistics supplier DHL has said it is “seeking further clarity” on the impact the closure of the retail chain could have, after administrators failed to find a buyer for the iconic high street brand.