Popular now
Lululemon lowers full-year guidance after Americas slowdown

Lululemon lowers full-year guidance after Americas slowdown

British Land opposes ‘unacceptable’ TG Jones restructuring plan

British Land opposes ‘unacceptable’ TG Jones restructuring plan

UK retail footfall drops 2.6% as heatwave slows shopping recovery

UK retail footfall drops 2.6% as heatwave slows shopping recovery

Waitrose invests £10m in latest round of price cuts

Waitrose invests £10m in latest round of price cuts

On this episode of Talking Shop, we're joined by Dan Cate, CEO and Founder of SoldThrough. Dan is a heavyweight retail executive who has spent decades steering the merchandising and digital operations of America’s most iconic retail institutions, from Saks Fifth Avenue and Bloomingdale’s to Century 21 and Lord & Taylor. Today, through his platform SoldThrough, Dan helps international fashion brands cross the Atlantic and crack the notoriously brutal U.S. retail landscape. We break down his journey from the shop floor to the C-suite, the operational indicators that prove a brand is truly ready for international expansion, and how to navigate a fragmented American market without destroying your margins. We also discuss how to balance localised inventory with central efficiency, and the one non-negotiable metric that tells you a product has found genuine market fit.

Register to get free articles

No spam Unsubscribe anytime

Want unlimited access? View Plans

Already have an account? Sign in

Waitrose has invested a further £10m to lower prices across nearly 250 of its No.1 and Duchy Organic products, in the first phase of its latest round of price cuts.

The latest cuts take the group’s total investment in price cuts to £140m in the last 18 months.

Additionally, this is also the sixth time Waitrose has cut prices on hundreds of products since February 2023 taking its total investment to £135m.

Its New Lower Prices campaign has seen price cuts on nearly 1,400 products with reductions over 7% across its ranges.

The group has slashed prices on premium and organic products including cheese, croissants and pork joints. 

Charlotte Di Cello, commercial director for Waitrose, said: “Our food loving customers come to Waitrose to experience the very best, from exceptional flavours to the quality of the ingredients we offer.  This latest investment in prices will include a large number of products across No.1 and our Organic Duchy ranges which we know our customers love.

“With many celebrating Organic Month this September, there’s no better time to try our Organic Duchy food and drink.”

Previous Post
Today’s news in brief-17/9/24

Today’s news in brief-17/9/24

Next Post
Footasylum profits double to £6m in ‘record’ FY results

Footasylum profits double to £6m in ‘record’ FY results