M&S to open $311m centre at DP World's London Gateway
Marks & Spencer (M&S) will build a £200 million ($311m) distribution centre at DP World’s London Gateway Logistics Park.
The M7S centre, located at the new deep-sea container port and logistics park, which opens later this year on the Thames in South Essex, just 25 miles from central London, is set to be completed in 2016.
Mohammed Sharaf, group CEO, DP World, said: “Marks & Spencer is a world renowned and trusted brand that is today setting the pace for other UK businesses, leading the way in taking advantage of the benefits of new infrastructure and an outstanding location. We are very pleased to welcome them as the first tenant at our London Gateway Logistics Park.”
While Simon Moore, CEO, DP World London Gateway, added: “Marks & Spencer will have a world-class distribution centre connected to a world-class deep-sea port providing more reliability and efficiency for its business. By bringing ships carrying millions of products closer to the point of consumption we will help M&S to shorten its supply chain. We will also support Marks and Spencer’s exports from London Gateway. We look forward to working alongside them now and in the many years to follow.”
Locating M&S’ new distribution centre at Britain’s new global shipping gateway means the company will move millions of products directly from ships to the company’s hi-tech warehousing facility at the adjacent London Gateway Logistics Park. London Gateway’s south east location gives M&S closer access to key UK cities which means goods will not travel as far to reach consumers. This model will be both cost effective for M&S and remove millions of lorry miles from UK roads along with thousands of tonnes of CO2.