StockMarketWire.com - Clipper Logistics' trading for the year ended 30 April is expected to be in line with the board's expectations, with continued growth in revenue, operating profit and net earnings. Clipper says it is strategically well-positioned to capitalise on the continued structural changes in the retail sector. An ever greater proportion of retail activity is taking place online, and Clipper believes this continuing trend will provide further earnings momentum into future years.

The company also announced that facilitisation of its latest shared-use facility in Northampton is progressing well. The site will provide a variety of services to retailers including both pre-retail activity and returns management under the Company's "Boomerang" brand. John Lewis will be the key initial customer at the site, and in addition to other services Clipper will be managing returns of all product categories, including electrical products, for this iconic retailer.

Clipper says the proportion of online orders that are collected from store rather than being delivered to home has risen significantly over the last two years, leading it to identify the need for a dedicated next-day sortation and delivery service into high street stores.

Clipper entered into a collaboration with John Lewis to develop this proposition, and the service was introduced during the autumn of last year, initially focussing on over 100 Waitrose stores. Additional sortation capacity is currently being installed at the new Northampton site, which will enable Clipper to provide a nationwide Click and Collect service from the autumn of this year, both for John Lewis and for other retailers.




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