Nov 16, 2016
Amazon expands Morrisons grocery delivery deal
The online retail giant said Amazon Prime Now customers in the selected areas could have their baskets delivered within 60 minutes for £6.99. Customers can pick a two-hour delivery slot for no charge. Amazon's tie-up with Morrisons began in June, but the latest agreement expands the range available. David Potts, chief executive of the supermarket, said the deal would help to boost profits without requiring significant capital outlay. Shares in Morrisons rose 0.1% to 222.1p in early trading in London, valuing the company at almost £5.2bn. The stock has risen almost 50% this year.
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