29th Jan 2015 09:33
LONDON (Alliance News) - Clipper Logistics PLC Thursday said it has secured an extension to its store delivery and collection services contract with high street retailer New Look.
Clipper said the new agreement extends the existing deal between the two to July 2019 and will include further services. It did not provide any financial details on the extension.
Under the new deal, Clipper will continue to manage store delivery and collection services for New Look and will also handle click-and-collect items delivered to stores.
"New Look has been a key client of ours for 13 years, and we are delighted that our relationship will continue into the future. It is our ability to think outside the box that makes Clipper the "go-to" provider of retail high street delivery solutions, including traditional store deliveries as well as click and collect and other value-added services," said Clipper Executive Chairman Steve Parkin.
Clipper shares were untraded on Thursday, having last traded at 172.00 pence.
By Sam Unsted; [email protected]; @SamUAtAlliance
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