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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Mar- 2019 -8 MarchSupermarkets
Waitrose to close five stores affecting 440 jobs
Waitrose has announced it is to close five stores affecting 440 jobs, following a 45% decline in annual profit at operator John Lewis. The stores to close will be Torquay, Teignmouth, Blaby in Leicestershire, Barry in Vale of Glamorgan, and Ashbourne in Derbyshire. Grocery delivery firm Ocado recently dropped Waitrose…
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7 MarchDepartment Stores
John Lewis profits fall to £160m
John Lewis has slashed its employees’ annual bonus to 3% as the department store recorded a 45.4% drop in underlying profits to £160m from £292.8m the year before. In the company’s unaudited results for the year ending 26 January 2019, it attributed its drop in profits to the “significant” operating…
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Feb- 2019 -27 FebruaryOnline & Digital
M&S signs £750m delivery deal with Ocado
Marks and Spencer has announced the creation of a new joint venture with online supermarket Ocado which the two companies say will “transform online grocery shopping for UK consumers”. Under the new venture, M&S is acquiring a 50% share of Ocado’s UK retail business, which will be supported by Ocado…
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22 FebruarySupermarkets
Asda named ‘worst’ for in-store and online offerings
‘Big Four’ grocer Asda has been rated as the worst supermarket for both its in-store and online offerings, according to a survey of 12,000 Which? members. According to the consumer association, Asda was left “languishing at the bottom” of both its in-store and online rankings, with scores of 56% and…
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Jan- 2019 -24 JanuaryDepartment Stores
John Lewis to close Knight & Lee in Southsea; 127 jobs at risk
John Lewis & Partners has announced it will close its Knight & Lee store in Southsea in July 2019, putting all 127 staff at risk of redundancy. According to the group, the decision to close the property has been “driven by a number of factors”, including the physical condition, size,…
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18 JanuaryDepartment Stores
John Lewis & Partners announce management shake-up
John Lewis & Partners has announced that Dino Rocos, partner and operations director, will retire at the end of May 2019 after 43 years with the business, According to the group, from the end of January until he retires Rocos will report directly to Patrick Lewis, group finance director for…
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10 JanuaryDepartment Stores
John Lewis staff face missing out on bonus for first time since 1953
John Lewis staff could lose their share of the department store giant’s profit for the first time since 1953. Traditionally, John Lewis pays a share of its profit to its 83,000 workers, however this has been brought into doubt after the retailer said it would “consider carefully” whether the bonus…
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Nov- 2018 -12 NovemberSupermarkets
Sainsbury’s enlists Greatest Showman director for Christmas ad
Sainsbury’s has unveiled its new Christmas advert, ‘The Big Night’, directed by The Greatest Showman director Michael Gracey. The ad which is now available online and will premier on TV on Monday during Coronation Street on ITV, and is the first to be released by one of the ‘Big Four’ supermarkets.…
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12 NovemberAdvice
How high street retailers can make it as ‘bricks and clicks’ companies
Next year Amazon is set to celebrate its 25th birthday, although much of the high street won’t be joining the party, with an estimated 38,900 UK retail jobs being lost or affected this year alone. The roll call of businesses that have entered administration, from House of Fraser to Poundworld…
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7 NovemberPeople Moves
John Lewis Partnership chairman to step down in 2020
The John Lewis Partnership has announced its chairman Sir Charlie Mayfield is to step down from his role in 2020. The parent company of John Lewis and Waitrose, the John Lewis Partnership is now the largest employee-owned business in the UK with 83,000 employees who are all partners in the…
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