TIDMMRW

RNS Number : 2738P

Morrison(Wm.)Supermarkets PLC

16 November 2016

News Release

Release date: 16 November 2016

Launch of 'Morrisons at Amazon' store pick service, and wholesale supply update

Morrisons is pleased to announce a new service, 'Morrisons at Amazon'. From today, Amazon Prime customers in selected areas can order a full Morrisons shop online via the Prime Now app. Orders will be picked at a local Morrisons store and delivered same day by Amazon either within one hour for GBP6.99 or in a two hour slot for free. The service will launch in selected postcodes in London and Hertfordshire.

This new initiative broadens the Morrisons wholesale supply services available to Amazon customers. Morrisons wholesale supply to Amazon launched in June and has started well. It has been extended to thousands of Morrisons products.

These initiatives are capital light for Morrisons and, although still in their early stages, will contribute to the GBP50m-GBP100m incremental profit opportunity we outlined at the 2015/16 Preliminary results.

David Potts, Chief Executive, said:

"As food maker and shopkeeper, we have unique skills to help build a broader new Morrisons through capital light growth. 'Morrisons at Amazon' is another exciting joint opportunity and makes Morrisons good quality, great value-for-money products available to even more customers."

- ENDS-

Enquiries:

Wm Morrison Supermarkets plc

   Trevor Strain - Chief Financial Officer                               0845 611 5000 
   Andrew Kasoulis - Investor Relations Director                 0778 534 3515

Media Relations

   Wm Morrison Supermarkets plc:   Julian Bailey              0796 906 1092 
   Citigate Dewe Rogerson:               Simon Rigby             0207 282 2847 
                                                              Kevin Smith              0207 282 1054

This information is provided by RNS

The company news service from the London Stock Exchange

END

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November 16, 2016 02:00 ET (07:00 GMT)

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