Finance
UK's M&S invests $457 million in robotic warehouse to boost food business
Published by Global Banking & Finance Review®
Posted on August 21, 2025
1 min readLast updated: January 22, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on August 21, 2025
1 min readLast updated: January 22, 2026
Marks & Spencer plans a $457M investment in a robotic warehouse in Daventry, aiming to double its food business and create 1,000 jobs.
LONDON (Reuters) -British retailer Marks & Spencer will invest 340 million pounds ($457 million) in an automated distribution centre in central England, building capacity to support its ambition to double the size of its food business, it said on Thursday.
M&S, which is recovering from a cyberattack in April which crippled its online operations, said the 1.3 million square feet facility in Daventry will open in 2029.
It said 1,000 jobs will be created permanently at the site and 2,000 during construction.
"This investment will boost capacity for future growth, lower our cost to serve over the long-term, and improve product availability," Alex Freudmann, managing director M&S Food, said.
Industry data published on Wednesday, showed M&S recorded a 6.7% year-on-year increase in food sales over the 12 weeks to August 9 as the impact of the cyberattack faded.
Market researcher NielsenIQ said M&S' UK grocery market share was 3.7%.
($1 = 0.7434 pounds)
(Reporting by James Davey, Editing by Paul Sandle)
An automated warehouse uses technology and robotics to manage the storage and retrieval of goods, enhancing efficiency and reducing labor costs.
Job creation refers to the process of providing new employment opportunities, often through business expansion or investment, which can stimulate economic growth.
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