Waitrose
This coverage examines Waitrose’s operations, strategy, and position within the UK retail market. Reporting includes store performance, product innovation, supply chain developments, marketing initiatives, sustainability efforts, and leadership decisions. With a focus on commercial impact and competitive strategy, it provides actionable insights for retail executives, managers, and professionals engaged in grocery and premium food retailing.
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Nov- 2023 -30 NovemberNews
Lidl set for ‘record-breaking’ Christmases amid 11% customer increase
Lidl GB is anticipating a “record-breaking” Christmas, after reporting an 11% uptick in customers over the past six weeks. The update comes as Lidl GB’s CEO revealed that shoppers started planning and preparing for the festive season early this year, with two mince pies selling every second since September. The…
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10 NovemberNews
Today’s news in brief-10/11/23
The Office for National Statistics (ONS) has reported that the UK GDP showed no growth in Q3 2023, in contrast to a 0.2% increase in the previous quarter. Year-on-year, GDP increased by 0.6% in Q3. The services sector saw a 0.1% fall, offset by a 0.1% increase in construction output…
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10 NovemberOnline & Digital
Waitrose invests in AI to improve online shopping offering
Waitrose has announced a partnership with Netcore Unbxd to integrate AI into its online shopping offering. The new partnership will allow Waitrose to use AI to improve its online search and browsing experience, and develop personalised and tailored experiences for customers. It will allow Waitrose to improve customer service based…
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7 NovemberNews
Today’s news in brief-7/11/23
Fast fashion brand Shein has reportedly expressed interest in acquiring Topshop. This comes shortly after the acquisition of Missguided and its intellectual property rights from Frasers Group. Asos, the current owner of Topshop, has been considering selling the brand to bolster its financials following a significant loss of nearly £300m…
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7 NovemberHigh Street
Majestic opens small-format store in Crouch End
Majestic Wines has opened its newest 3,150 sq ft small-format store in Crouch End, which will carry the retailer’s full range of more than 1,200 products. The store is located on Crouch End Hill alongside other businesses M&S Simply Food, Waitrose and Gail’s Bakery. The retailer’s staff will host free…
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7 NovemberSupermarkets
Grocery price inflation hits single digits for first time this year
Grocery price inflation has fallen below 10% for the first time since July 2022 and now sits at 9.7% for the four weeks to 29 October 2023, according to the latest data from Kantar. It comes as take-home grocery sales over the same period rose by 7.4% compared with last…
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3 NovemberNews
Lidl is cheapest supermarket, Which? finds
Lidl GB has become the cheapest supermarket after coming top in a basket comparison conducted in October by Which?. The monthly analysis involves comparing the average prices of a shop consisting of popular groceries at eight of the UK’s biggest supermarkets. A basket of shopping at Lidl was over £10…
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Oct- 2023 -23 OctoberNews
Today’s news in brief-23/10/23
John Lewis is facing criticism from city planners over its affordable housing plans. Initially, the company aimed to make 20% of the housing in its Bromley development affordable. However, recent revelations indicate that only 10% of the flats will be designated as affordable. The Greater London Authority’s Planning Unit deems…
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23 OctoberNews
Police to unveil new ‘zero tolerance’ plan to tackle shoplifting
Ministers, police and retailers have agreed on a new “zero tolerance” plan to crack down on the increase in shoplifting crimes, The Sunday Times has reported. It is understood that police chiefs will reveal plans on how they intend to tackle shoplifting at a summit in Downing Street today (23…
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23 OctoberDepartment Stores
London planners blast John Lewis over affordable housing plans
London planning officials have accused John Lewis of planning to build “executive housing” which will not help local families. In planning documents, the company stated that it aimed to make 20% of the housing at its Bromley development affordable. However, John Lewis revealed that as little as 10% of the…
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