Wincanton continued its strong performance in its fourth quarter of trading, with underlying revenue now expected to be around 15% ahead of last year. In its latest trading update in advance of its full year results in May, Wincanton said its digital and e-fulfilment sector had been bolstered by the start-up of new business for Dobbies and Dwell, as well as the commencement of operations at its London customer fulfilment centre for Waitrose. An increase in public sector activity, notably […]
Wincanton says it is making good progress this financial year in its strategy to return to “sustainable profit growth”. An interim statement issued today (26 July), for the period commencing 1 April, reveals the logistics giant has traded in line with expectations and with a strong new business momentum. In particular, Wincanton has won an “important” new multi-channel contract with Kiddicare, secured a new deal with Rolls Royce, as well as scooped shared-user warehousing business with The Retail People and […]
Even before coronavirus, bricks and mortar retailers were facing an existential crisis. Soaring business rates, rent reviews, and minimum wages were already putting pressure on the size and scale of physical shops.