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LONDON - Marks & Spencer Group PLC (LSE:LON:MKS) has renewed its contract with delivery technology provider Sorted Group Holdings Plc (AIM:SORT) through September 22, 2028, according to a press release statement issued Thursday.
The agreement extends the partnership that began in 2021, with Sorted continuing to provide its cloud-based delivery management solutions to the British retailer under the same commercial terms as the existing contract.
M&S utilizes Sorted’s ’Ship’ carrier management software to integrate carrier services across multiple distribution centers into a single platform. The retailer also employs Sorted’s ’Track’ software to monitor performance of in-flight shipments and manage customer delivery communications.
This renewal represents a significant extension from the previous 12-month contract renewal announced on March 27, 2024, with the new agreement spanning just over three years.
Simon Wilkinson, Executive Chairman of Sorted, noted in the press release that the extended contract "represents the largest for Sorted to date."
Sorted Group Holdings, which describes itself as a provider of delivery experience and post-purchase technology, is listed on London’s AIM market.
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