United States  

Celebrating 10 Years of Trusted News Discovery
One News Page
> >

Morrisons and Amazon to expand home delivery service to more UK cities

Proactive Investors Thursday, 13 June 2019
WM Morrison Supermarkets PLC (LON:MRW) and Amazon.com Inc (NASDAQ:AMZN) are expanding their same-day online grocery delivery service to more cities across the UK. Morrisons said on Thursday’s that its “Morrisons at Amazon” home delivery service would be rolled out to at least five more cities this year. The service, which started in 2016, sells Morrisons’ groceries on Amazon’s Prime Now platform and is currently available in Leeds, Manchester, Birmingham and parts of London. READ:  Morrisons suspends deal with Ocado for capacity at Erith after fire destroys Andover warehouse New Ocado agreement gives Morrisons more freedom A previous exclusive arrangement with online grocer Ocado had prevented Morrisons from expanding further but last month the companies loosened the terms of their deal. The two struck the new deal after a fire at one of Ocado’s warehouses earlier this year meant the online grocer needed to take back distribution space that had been used for Morrisons orders. The new arrangement gave the supermarket group more flexibility to sell directly through other online platforms. Morrisons chief executive David Potts said: "Amazon has been a valued partner of Morrisons for over three years, and we are pleased to be expanding our relationship together. “Continuing to partner with the best digital operators such as Amazon is a significant, capital light growth opportunity for Morrisons." "Morrisons at Amazon" will be rolled out to cities including Glasgow, Newcastle, Liverpool, Sheffield and Portsmouth this year. Shares in Morrisons rose 1% to 197p in morning trading.  Nationwide rollout a 'major step up for Morrisons', says analyst Neil Wilson, chief market analyst at Markets.com, said the extended deal between Morrisons and Amazon was "nothing fundamentally the market didn’t anticipate here". "But having trialled out the service in key locations, the nationwide rollout is a major step up for Morrisons and a sign that a) the service is delivering and fundamentally is a success, and b) ties with Amazon remain firm," he said. He added: "MRW shares rose c1% to around 197p but valuations remain depressed as the market has decided the steady growth under Dave Potts is just about run its course – the tie-up with Amazon will matter more and more.”   -- Adds share price and analyst comment --
0
shares
ShareTweetSavePostSend
 
Credit: Wochit - Published < > Embed
News video: Amazon Restaurant Shuts Down

Amazon Restaurant Shuts Down 00:29

E-commerce giant Amazon.com said on Tuesday it would end its U.S. restaurant food delivery service on June 24, giving in to intense competition from GrubHub, DoorDash, and’ Uber Eats services. Reuters reports that Amazon Restaurants was launched in 2015 in Seattle and was designed to give Prime...

Recent related videos from verified sources

More Amazon Prime Day deals [Video]More Amazon Prime Day deals

Ready to shop?!

Credit: Rumble     Duration: 00:53Published

Demonstrators March in New York to Protest Amazon Relationship With ICE [Video]Demonstrators March in New York to Protest Amazon Relationship With ICE

Protesters marched down 5th Ave in New York on Monday, July 15, to call on Amazon to end its relationship with US Immigration and Customs Enforcement (ICE). The protest was one of several across the..

Credit: Rumble     Duration: 00:38Published

The new Lexus LC Cabriolet at Goodwood 2019 [Video]The new Lexus LC Cabriolet at Goodwood 2019

At the 2019 Goodwood Festival of Speed, Lexus confirmed that a dramatic convertible version of the Lexus LC will go into production in the near future. The LC coupe's same gaping spindle grille and..

Credit: AutoMotions     Duration: 01:38Published

2019 New Renault TWINGO in Mango Yellow Driving Video [Video]2019 New Renault TWINGO in Mango Yellow Driving Video

More sophisticated while still fun and agile, New Renault Twingo has been revamped and is sporting a new look! Both inside and outside, it comes with new customising options. It also features the..

Credit: AutoMotions     Duration: 01:46Published


Recent related news from verified sources

Walmart Ups the Ante in Grocery Delivery Competition

Walmart Ups the Ante in Grocery Delivery Competition
Walmart has a new weapon in the grocery delivery wars. Online shoppers can subscribe to a $98-per-year "Delivery Unlimited" plan that aims to siphon customers...
E-Commerce Times Also reported by •TechCrunchBGR IndiaMashable

Prime Day deals: Surface Pro, Apple Watch, iPad, Pixel 3a XL, Sonos One, and more for July 16

Didn't get a chance to browse Amazon's [INS: Prime Day :INS] sale yesterday? Lucky for you, the sale ends tonight, so you still have time to snag a few goodies,...
Mashable

Score an Amazon low on Samsung Galaxy Tab S4 at $499 (23% off), more from $100

Amazon offers the Samsung Galaxy Tab S4 10.5-inch 64GB Tablet with S Pen for *$499 shipped*. Also available at Best Buy and B&H for $1 more. Normally selling...
9to5Toys

Furnish your home w/ 30% off chairs, rugs, end tables, more from $28 at Amazon

As part of its Prime Day 2019 event, Amazon takes* 30% off* a selection of its in-house furniture with deals starting at *$28 shipped *for Prime members....
9to5Toys

You Might Like


Other recent news in Business

US TREASURY Secretary Mnuchin warned that Facebook's Libra could be a tool for terrorists, traffickers, and drug smugglersStrike at AMAZON's Shakopee fulfillment center draws small walkout (photos)
Environmentally friendly: One News Page is hosted on servers powered solely by renewable energy
© 2019 One News Page Ltd. All Rights Reserved.
About us  |  Contact us  |  Disclaimer  |  Press Room  |  Terms & Conditions  |  Content Accreditation
 RSS  |  News for my Website  |  Free news search widget  |  In the News  |  DMCA / Content Removal  |  Privacy & Data Protection Policy
How are we doing? FeedbackSend us your feedback  |   LIKE us on Facebook   FOLLOW us on Twitter  •  FOLLOW us on Pinterest
One News® is a registered trademark of One News Page Ltd.