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Launch of Store Pick Service

16th Nov 2016 07:00

RNS Number : 2738P
Morrison(Wm.)Supermarkets PLC
16 November 2016
 

News Release

 

Release date: 16 November 2016

 

 

 

Launch of 'Morrisons at Amazon' store pick service, and wholesale supply update

 

Morrisons is pleased to announce a new service, 'Morrisons at Amazon'. From today, Amazon Prime customers in selected areas can order a full Morrisons shop online via the Prime Now app. Orders will be picked at a local Morrisons store and delivered same day by Amazon either within one hour for £6.99 or in a two hour slot for free. The service will launch in selected postcodes in London and Hertfordshire.

 

This new initiative broadens the Morrisons wholesale supply services available to Amazon customers. Morrisons wholesale supply to Amazon launched in June and has started well. It has been extended to thousands of Morrisons products.

 

These initiatives are capital light for Morrisons and, although still in their early stages, will contribute to the £50m-£100m incremental profit opportunity we outlined at the 2015/16 Preliminary results.

 

David Potts, Chief Executive, said:

 

"As food maker and shopkeeper, we have unique skills to help build a broader new Morrisons through capital light growth. 'Morrisons at Amazon' is another exciting joint opportunity and makes Morrisons good quality, great value-for-money products available to even more customers."

 

 

 

- ENDS-

 

 

Enquiries:

 

Wm Morrison Supermarkets plc

Trevor Strain - Chief Financial Officer 0845 611 5000

Andrew Kasoulis - Investor Relations Director 0778 534 3515

 

Media Relations

 

Wm Morrison Supermarkets plc: Julian Bailey 0796 906 1092

Citigate Dewe Rogerson: Simon Rigby 0207 282 2847

Kevin Smith 0207 282 1054

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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