SEKO focuses on UK online sales boom
09 / 07 / 2014
GLOBAL forwarder SEKO Logistics is investing in another logistics centre in the UK to capitalise on the marked growth in online sales generated by UK retailers.
The new 152,000-sq ft facility at Milton Keynes follows the opening of a similar size facility at Northampton last year.
A third base at London Heathrow is also due to open in the next few weeks, says a company statement.
SEKO has seen a 40 per cent year-on-year increase in its retail logistics business for clients such as Marks and Spencer, APAC Sale, Lulu Guinness and NPW, since it launched a dedicated omni-channel facility for British retail brands starting in the US market in New Jersey, last October.
Online sales generated by UK retailers from international markets are forecast to grow sevenfold to £28billion by 2020 and already stand at £4billion a year, reveals Keith O’Brien, managing director of SEKO Logistics Group.
“Analysis shows that international sales growth is dramatically outpacing the domestic market and will increase from its current level of 14 per cent of total online sales to 40 per cent over the next six years.
“We’ve worked with retailers and e-tailers for more than a decade and have focused our investment in facilities, technology, people and services to enable them to respond to new consumer buying trends and fast track their way into the US$1trillion global e-commerce market,” he adds.