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Royal Mail share price: Group looks to offer more flexible services

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TrueBlueTerrier
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Royal Mail share price: Group looks to offer more flexible services

Post by TrueBlueTerrier »

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Royal Mail Group (LON:RMG) is offering more flexible methods of delivery and collection, the Financial Times has reported. The move comes with the privatised postal operator looking to keep up with rivals, including US e-commerce giant Amazon.

Royal Mail’s share price jumped yesterday, adding 1.11 percent to close at 455.30p, outperforming the broader London market, with the benchmark FTSE 100 index adding 22.26 points to end the previous session 0.32 percent higher at 7,063.68. The group’s shares have gained about 2.6 percent over the past year, as compared with a more than 13-percent rise in the Footsie.

The FT reported this morning that Royal Mail was offering more flexible services, including tracking, notifications, the option to leave parcels with a chosen neighbour and extended opening hours. The move comes with the group looking to maintain its dominant position in the UK’s estimated £9-billion parcel market.
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Surreypostie
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Royal Mail share price: Group looks to offer more flexible services

Post by Surreypostie »

TrueBlueTerrier wrote:http://invezz.com/news/equities/24973-R ... -services-


The FT reported this morning that Royal Mail was offering more flexible services, including tracking, notifications, the option to leave parcels with a chosen neighbour and extended opening hours. The move comes with the group looking to maintain its dominant position in the UK’s estimated £9-billion parcel market.
And all they need to do to make it all happen is to give delivery operatives enough time in the day to do it or else it's pie in the sky.