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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May- 2024 -29 MayNews
Poundland introduces new £3 meal deal
Poundland has today (28 May) launched its brand new £3 meal deal with sandwiches, salads and snacks. The new ranges raise the bar as Poundland introduces new options from high quality companies that already supply other multiple retailers such as M&S. What sets Poundland’s offer apart is that the price…
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23 MayNews
Today’s news in brief-23/5/24
The Very Group’s pre-tax losses narrowed to £2.1m for the 39-week period ending March 30, down from £11.7m the previous year, despite a slight dip in total revenue by 0.8% to £1.6bn. Very UK, contributing 86% of the group’s sales, saw a revenue increase of 1% to £1.4bn. However, Littlewoods…
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23 MayHigh Street
John Lewis Partnership to hire over 300 care experienced young people
The John Lewis Partnership has announced its ambition to hire more than 300 care experienced young people by January 2025 as part of its Building Happier Futures programme. The Partnership has hired around 76 people with Care Experience backgrounds through the Building Happier Futures programme. It said the new ambition…
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20 MayNews
Waitrose to open Gail’s bakery in-store
Waitrose Canary Wharf has announced it will become the first location with an in-store Gail’s takeaway bakery. The opening comes a year on from the introduction of dedicated Gail’s bakery areas within 64 Waitrose stores. The bakery is being built in Gail’s unique style and will be 280 sq ft…
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10 MayNews
Today’s news in brief-10/5/24
The UK economy has emerged from recession with a growth of 0.6% in the first quarter of 2024, surpassing economist expectations. This growth was primarily driven by consumer-facing services, which expanded by 0.6% after a decline in the previous quarter. Notably, retail trade played a significant role in this recovery,…
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10 MayDepartment Stores
John Lewis cut 3,800 jobs in past year to reduce costs
The John Lewis Partnership has revealed that it cut 3,800 roles across the company in an effort to reduce costs. The number of employees at the Partnership fell to 70,500 at the end of January down from 74,300 the previous year. As first reported by the Telegraph, the job losses…
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9 MayNews
Today’s news in brief-9/5/24
Frasers Group is reportedly finalising a deal to become the new partner of struggling retailer Ted Baker following the collapse of its previous UK licensing partner, No Ordinary Designer Label (NODL). Sources indicate an agreement with NODL’s administrators could be reached in the coming days. This move would add Ted…
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9 MaySupermarkets
‘Era of cheap food is over’, Waitrose boss claims
James Bailey, the executive director of Waitrose has told The Telegraph the “era of cheap food is over”, as the supermarket chain is due to reveal a new initiative to support British farmers in the move to regenerative agriculture. It is understood that the move will make the supermarket the…
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7 MayNews
Aldi named UK’s cheapest supermarket in April
Aldi was officially the UK’s cheapest supermarket in April, according to the latest findings from consumer group Which?. Despite claims from the traditional supermarkets to price match Aldi on a limited number of products, Aldi has once again been named as the UK’s cheapest supermarket. Consumer group Which? conducted its…
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Apr- 2024 -24 AprilPeople Moves
John Lewis finance director to step down
The John Lewis Partnership has announced its executive director of finance, Bérangère Michel, is stepping down from the role later this year after deciding to pursue future career options outside of the business. Michel has spent the past 16 years in various senior leadership positions across retail, supply chain and customer…
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