John Lewis is to open a second multi-million pound distribution centre in the city, which the retailer says will create 450 new jobs locally.
The company has signed a 30 year lease on a new site which is adjacent to its existing MK base at Magna Park.
Operations will be relocated from a present John Lewis site at Park Royal in north London, where up to 560 jobs will be ‘impacted’.
Dino Rocos, Operations Director at John Lewis, said: “We are constantly striving to improve the service that we offer to our customers. For the supply chain this means improving availability.
“Magna Park gives us the space we need and allows us to continue to build on the improvements we have made in providing better service to our shops and customers at a lower cost.”
The first centre at Magna Park opened in 2009.
John Lewis say that in addition to the 450 jobs created in Milton Keynes, a further 200 will be created at a new smaller delivery hub in the capital.
The new centre will occupy 675,000 sq feet and provide ‘modern and flexible’ warehouse space.