Brief: Footway Builds Distribution Centre For E-retailers

eCom Teams Sweden AB

22/12/2022 11:59

Dec 22 (Reuters) - Footway Group AB  FOOTb.ST :
    * FOOTWAY GROUP BUILDS LARGEST DISTRIBUTION CENTRE FOR
E-RETAILERS
IN THE NORDIC REGION
    * BUILDS DISTRIBUTION CENTER OF 48,000 SQUARE METERS
    * TO INVEST ABOUT SEK 50 MILLION IN WAREHOUSE SYSTEM AND
AUTOMATION IN 2023, 2024
    * SEES ANNUAL COSTS REDUCTION FROM RENT, ADMINISTRATION AND
SYSTEM
OF ABOUT SEK 30 MILLION
    * MOVE IS PLANNED TO BE FULLY COMPLETED IN Q1 2024

Source text for Eikon:  ID:nWkr7jrRYk 
Further company coverage:  FOOTb.ST 
 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com;))