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InPost sets out plans to install 2,000 locker bank terminals in the UK this year

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InPost UK has set out its plans to roll out more than 2,000 locker bank terminals across the UK this year.

The company, part of the Polish Stock Exchange-listed private postal company, aims to dwarf competitors with the launch of the new terminals across the country throughout the year. The company, which is funded by US private equity fund PineBridge Investments, says it has €108m to finance its expansion into the UK. The company plans to put the locker terminals in easily-accessible spots from petrol station forecourts to shopping centres and supermarkets.

Each InPost Parcel Locker 24/7 is composed of between 47 and 72 individual compartments. Once a parcel ordered online is delivered to a locker, the recipient will receive a unique code by email or text message for use in opening it.

InPost already operates in 17 countries, from Australia to Estonia and Saudi Arabia, operates more than 240,000 locker banks and has about a million registered users. It says its parcel lockers benefit both consumers and retailers of all sizes, while also improving carriers’ performance.

“InPost UK aims to solve a problem that is familiar to almost everyone: that of waiting fruitlessly for a home delivery,” said Simon Croft, managing director of InPost UK. “By offering customers the flexibility to collect parcels at their convenience, we are not only making the customer’s life easier but are simultaneously enabling retailers and carriers to cut their costs, lower their environmental impact and most importantly, raise their customer satisfaction levels. With ambitious plans to roll-out across the UK, we are not only looking forward to the challenge ahead but also to providing a fun, engaging and practical service to consumers and businesses nationwide.”

InPost’s UK competitors include, most directly, ByBox, which has pioneered the locker bank solution in the UK, and, more recently Amazon, with its own dedicated locker banks. But it will also compete against collection point delivery such as that offered by CollectPlus and UPS, through its UPS Access Point solution.

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