StockMarketWire.com - Clipper Logistics signed a new contract with Shop Direct, operator of digital retail brands Very.co.uk and Littlewoods.com, to provide returns management and pre-retail services.

The initial contract was for a term of five years and would commence on 1 July 2019 with the employment of approximately 400 Shop Direct personnel.

'The contract sees Clipper provide a comprehensive global returns management and pre-retail solution for Shop Direct, incorporating Clipper's BoomerangTM and Technical Services Division value-added services,' the company said.

Clipper Logistics would operate returns and pre-retail services on behalf of Shop Direct at the Raven Mill site until these activities migrate to Shop Direct's new East Midlands fulfilment centre in 2021, the company added.

Following 2021, a number of Shop Direct's specialist returns management services would transfer to Clipper's returns site at Swadlincote in Derbyshire, where Clipper would continue to provide Shop Direct with pre-retail and enhanced returns processing capabilities.


At 9:48am: [LON:CLG] Clipper Logistics share price was +1.5p at 266.5p



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