Waitrose announces the disposal of stores

Waitrose announces the disposal of stores

The John Lewis Partnership has announced the next phase of its future strategy, and confirmed that five Waitrose stores will be closing. The next phase of its strategy is designed to develop and strengthen the whole business. The reason behind the closures is said to...
Amazon rumoured to be looking to acquire Waitrose

Amazon rumoured to be looking to acquire Waitrose

Reports that Amazon tried to start talks on buying Waitrose from the John Lewis Partnership surfaced over the weekend. An article in the Sunday Times suggested Amazon is attempting to take over the Waitrose grocery stores. With Amazon being an online-focused business...
Waitrose announces the disposal of stores

Waitrose profits slip despite increase in sales

Profits at Waitrose took a 32.1% hit, as the retailer decided not to pass on all cost price inflation to customers, along with investments in “customer experience” for the half year ended 29th July. John Lewis Partnership, which Waitrose is part of, revealed that the...
Soup and bacon sales boosted by ‘Beast from the East’

Soup and bacon sales boosted by ‘Beast from the East’

UK shoppers spent £15 million on soup during recent bad weather, according to IRI supermarket sales data. Sales of bacon and bird feed also offered supermarkets a boost. During the week ending 3rd March 2018, consumers spent £15.4 million on soup in supermarkets – the...