Morrison to Enter Pact W/ Amazon, Share Capacity in Ocado CFC
Source: BFW (Bloomberg First Word)
Tickers
AMZN US (Amazon.com Inc)
OCDO LN (Ocado Group PLC)
MRW LN (Wm Morrison Supermarkets PLC)
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UUID: 7947283
(Bloomberg) -- Morrison to provide a wholesale supply service to Amazon. to make hundreds of products available to Amazon Prime Now and Amazon Pantry customers.
Alert: HALISTER- Morrison in discussions with Ocado to grow Morrisons.com and an agreement in principle has been reached; Morrison to take space in Ocado’s new Customer Fulfilment Center in Erith
- Ocado to deliver a store pick solution for Morrison; would enable Morrisons.com, working with Ocado, to sell to customers all over Great Britain
- Amended agreement with Ocado is subject to detailed terms being agreed and will only proceed if it enables Morrison to achieve profitable growth online; no certainty that an agreement will be concluded
Source: BFW (Bloomberg First Word)
Tickers
AMZN US (Amazon.com Inc)
OCDO LN (Ocado Group PLC)
MRW LN (Wm Morrison Supermarkets PLC)
To de-activate this alert, click here
UUID: 7947283