{"id":39750,"date":"2026-05-11T23:22:47","date_gmt":"2026-05-12T03:22:47","guid":{"rendered":"https:\/\/sharewatch.com\/wp\/2026\/05\/11\/ms-buys-asos-warehouse-amid-plans-to-double-online-sales\/"},"modified":"2026-05-11T23:22:47","modified_gmt":"2026-05-12T03:22:47","slug":"ms-buys-asos-warehouse-amid-plans-to-double-online-sales","status":"publish","type":"post","link":"https:\/\/sharewatch.com\/wp\/2026\/05\/11\/ms-buys-asos-warehouse-amid-plans-to-double-online-sales\/","title":{"rendered":"M&S buys Asos warehouse amid plans to double online sales"},"content":{"rendered":"
\n

Marks & Spencer has agreed to buy a warehouse from Asos in Staffordshire in a move that will see it create another 600 jobs and support plans to double online sales.<\/p>\n

M&S said the 437,000 square foot site in Lichfield will be one of its largest distribution centres when it opens in 2027.<\/p>\n

The warehouse was mothballed by Asos in 2023 under an overhaul to reduce its stock and costs and improve profitability.<\/p>\n

It employed a few hundred workers at the time, but Asos said when it announced the move that the workers were not directly employed by the group.<\/p>\n

M&S said the site will add capacity and allow it to process orders quickly, helping it achieve the group’s long-term target to double the size of its online fashion, home and beauty business.<\/p>\n

“The new site will support the strategy to deliver more of M&S fashion faster than ever before, enabling customers to order later in the day and with more sizes and styles available,” the chain said.<\/p>\n

John Lyttle, managing director for fashion, home and beauty, added: “As we transform M&S fashion, home and beauty, our ambition is to double online sales”.<\/p>\n

“To achieve this and serve our customers faster, more efficiently and with better availability, our 24\/7 distribution network needs more capacity,” he added.<\/p>\n

He said the move would help with its transformation plans at a lower cost than building a site from scratch.<\/p>\n

Asos said it will receive at least \u00a366m in proceeds from the warehouse sale and save around \u00a36m in costs each year, such as rent.<\/p>\n

This will lead to a one-off profit boost of about \u00a385m when the deal completes, which is expected by the end of August.<\/p>\n

The firm said its remaining warehouses in Barnsley, South Yorkshire, and Berlin will “provide sufficient capacity to support future growth”.<\/p>\n

“The disposal of our Lichfield fulfilment centre represents a further step in strengthening Asos’s balance sheet and improving our capital efficiency,” Asos chief executive Jose Antonio Ramos said.<\/p>\n

“This transaction enables us to unlock value from one of our non-core assets while reducing our ongoing cost base, consistent with the actions we have taken over the past three years to simplify the business and enhance financial resilience,” he added.<\/p>\n<\/section>\n","protected":false},"excerpt":{"rendered":"

Marks & Spencer has agreed to buy a warehouse from Asos in Staffordshire in a move that will see it create another 600 jobs and support plans to double online sales. M&S said the 437,000 square foot site in Lichfield will be one of its largest distribution centres when it opens in 2027. The warehouse […]<\/p>\n","protected":false},"author":1,"featured_media":39751,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ocean_post_layout":"","ocean_both_sidebars_style":"","ocean_both_sidebars_content_width":0,"ocean_both_sidebars_sidebars_width":0,"ocean_sidebar":"","ocean_second_sidebar":"","ocean_disable_margins":"enable","ocean_add_body_class":"","ocean_shortcode_before_top_bar":"","ocean_shortcode_after_top_bar":"","ocean_shortcode_before_header":"","ocean_shortcode_after_header":"","ocean_has_shortcode":"","ocean_shortcode_after_title":"","ocean_shortcode_before_footer_widgets":"","ocean_shortcode_after_footer_widgets":"","ocean_shortcode_before_footer_bottom":"","ocean_shortcode_after_footer_bottom":"","ocean_display_top_bar":"default","ocean_display_header":"default","ocean_header_style":"","ocean_center_header_left_menu":"","ocean_custom_header_template":"","ocean_custom_logo":0,"ocean_custom_retina_logo":0,"ocean_custom_logo_max_width":0,"ocean_custom_logo_tablet_max_width":0,"ocean_custom_logo_mobile_max_width":0,"ocean_custom_logo_max_height":0,"ocean_custom_logo_tablet_max_height":0,"ocean_custom_logo_mobile_max_height":0,"ocean_header_custom_menu":"","ocean_menu_typo_font_family":"","ocean_menu_typo_font_subset":"","ocean_menu_typo_font_size":0,"ocean_menu_typo_font_size_tablet":0,"ocean_menu_typo_font_size_mobile":0,"ocean_menu_typo_font_size_unit":"px","ocean_menu_typo_font_weight":"","ocean_menu_typo_font_weight_tablet":"","ocean_menu_typo_font_weight_mobile":"","ocean_menu_typo_transform":"","ocean_menu_typo_transform_tablet":"","ocean_menu_typo_transform_mobile":"","ocean_menu_typo_line_height":0,"ocean_menu_typo_line_height_tablet":0,"ocean_menu_typo_line_height_mobile":0,"ocean_menu_typo_line_height_unit":"","ocean_menu_typo_spacing":0,"ocean_menu_typo_spacing_tablet":0,"ocean_menu_typo_spacing_mobile":0,"ocean_menu_typo_spacing_unit":"","ocean_menu_link_color":"","ocean_menu_link_color_hover":"","ocean_menu_link_color_active":"","ocean_menu_link_background":"","ocean_menu_link_hover_background":"","ocean_menu_link_active_background":"","ocean_menu_social_links_bg":"","ocean_menu_social_hover_links_bg":"","ocean_menu_social_links_color":"","ocean_menu_social_hover_links_color":"","ocean_disable_title":"default","ocean_disable_heading":"default","ocean_post_title":"","ocean_post_subheading":"","ocean_post_title_style":"","ocean_post_title_background_color":"","ocean_post_title_background":0,"ocean_post_title_bg_image_position":"","ocean_post_title_bg_image_attachment":"","ocean_post_title_bg_image_repeat":"","ocean_post_title_bg_image_size":"","ocean_post_title_height":0,"ocean_post_title_bg_overlay":0.5,"ocean_post_title_bg_overlay_color":"","ocean_disable_breadcrumbs":"default","ocean_breadcrumbs_color":"","ocean_breadcrumbs_separator_color":"","ocean_breadcrumbs_links_color":"","ocean_breadcrumbs_links_hover_color":"","ocean_display_footer_widgets":"default","ocean_display_footer_bottom":"default","ocean_custom_footer_template":"","ocean_post_oembed":"","ocean_post_self_hosted_media":"","ocean_post_video_embed":"","ocean_link_format":"","ocean_link_format_target":"self","ocean_quote_format":"","ocean_quote_format_link":"post","ocean_gallery_link_images":"on","ocean_gallery_id":[],"footnotes":""},"categories":[19,20],"tags":[],"class_list":["post-39750","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-news","entry","has-media"],"_links":{"self":[{"href":"https:\/\/sharewatch.com\/wp\/wp-json\/wp\/v2\/posts\/39750","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sharewatch.com\/wp\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sharewatch.com\/wp\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sharewatch.com\/wp\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/sharewatch.com\/wp\/wp-json\/wp\/v2\/comments?post=39750"}],"version-history":[{"count":0,"href":"https:\/\/sharewatch.com\/wp\/wp-json\/wp\/v2\/posts\/39750\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sharewatch.com\/wp\/wp-json\/wp\/v2\/media\/39751"}],"wp:attachment":[{"href":"https:\/\/sharewatch.com\/wp\/wp-json\/wp\/v2\/media?parent=39750"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sharewatch.com\/wp\/wp-json\/wp\/v2\/categories?post=39750"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sharewatch.com\/wp\/wp-json\/wp\/v2\/tags?post=39750"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}