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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Apr- 2024 -23 AprilSupermarkets
Supermarket sales jump 3.3% as inflation continues to fall
Overall take-home grocery sales rose by 3.3% over the four weeks to 14 April as grocery price inflation also continued to fall to 3.2%, according to the latest data from Kantar. Kantar said the decline has been aided by a significant increase in promotional spending, with items bought on offer…
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Mar- 2024 -22 MarchNews
Today’s news in brief-22/3/24
In February, UK retail sales stagnated at 0.0%, down from 3.6% the previous month, largely due to inclement weather dampening in-store purchases. While online sales, especially for clothing, saw growth, physical stores, particularly food and fuel retailers, experienced declines. This trend was attributed to the release of new seasonal collections,…
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22 MarchSupermarkets
Waitrose to close London warehouse, 545 jobs at risk
Waitrose is reportedly planning to close its delivery warehouse in Enfield this summer, placing over 500 jobs at risk.According to Retail Week, around 545 roles will be affected by potential redundancy, and affected staff will enter a consultation with the retailer. The process is expected to take at least 12…
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20 MarchFeatures
Four things we learned from the John Lewis’ latest results
John Lewis held a partnership call with shareholders and members of the press after it revealed it returned to profit for the first time in four years posting a pre-tax profit of £42m before exceptional items for the year ended 27 January 2024. This success came off the back of…
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14 MarchNews
Today’s news in brief-14/3/24
John Lewis announced a pre-tax profit of £42m, a significant turnaround from the previous year’s loss of £78m. Despite this, the company will not pay staff bonuses for the third time in four years, citing a focus on base salary over bonuses. Sales rose by 1%, reaching £12.4bn, with Waitrose…
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14 MarchDepartment Stores
John Lewis returns to profit but pays no staff bonus
John Lewis has revealed a pre-tax profit of £42m before exceptional items for the year ended 27 January 2024, up from a loss of £78m last year. Despite the return to profit the Partnership will not pay out staff bonuses for the third time in four years. The company stated…
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6 MarchNews
Waitrose partners with FareShare to deliver 20 million meals
Waitrose has redirected the equivalent of 20 million meals worth of surplus food to charities and community groups across the UK through its partnership with charity FareShare. Through its stores, customer fulfilment and distribution centres across the UK, the retailer’s decision to redistribute surplus food is in line with its…
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6 MarchPeople Moves
Former JLP chairman Peter Lewis passes away
Peter Lewis, who served as chairman of the John Lewis Partnership from 1972 to 1993, has passed away aged 95. Lewis was the Partnership’s third chairman when he took the role in 1972, and was the son of Oswald Lewis and the nephew of John Spedan Lewis, who founded the…
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6 MarchDepartment Stores
John Lewis staff pay to rise 10% amid £116m investment
John Lewis Partnership reportedly has plans to boost staff pay by 10% as part of a £116m investment, according to Retail Week. The Waitrose owner will reportedly confirm the “record” pay increase when it releases its latest full-year results next week on 14 March. From 1 April, the minimum pay…
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Feb- 2024 -27 FebruarySupermarkets
Grocery sales jump 5% as food price inflation falls
Total grocery sales increased 5.1% to £35.3bn for the four weeks to 18 February 2024, as grocery price inflation fell 5.3%, marking the lowest rate since March 2022, according to the marketing data and analytics company Kantar. February also saw a return to indulgence for some consumers as dry January…
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