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Waitrose is to invest £100m in cutting prices on hundreds of its own-brand products amid intense competition in the sector as consumers battle record inflation. The upmarket grocer is reducing the prices of almost a third of its lowest-priced Essential Waitrose range by an average 14%, while almost a quarter of the cuts, which come [...]
Waitrose has admitted to signing deals with landlords halting other supermarkets from opening nearby for a decade, following a probe by the UK competition watchdog. The supermarket, which is owned by the John Lewis Partnership, has said it has re-written property deals for numerous sites to allay competition concerns. The Competition and Markets Authority (CMA) [...]
The value retailer praised its fruit and veg range for the year on year increase – with its market share for vegetable shopping reaching a high of 10.2 per cent.
Times are tough for John Lewis as chair Sharon White admitted when the high street stalwart this week announced it had made a £234m loss in 2022. The sum was worse than market expectations and marked the second year the upmarket retailer had gone into the red. In a sympathetic letter addressed to the company’s [...]
Both Waitrose and Lidl have come out this week to announce that they would be relaxing size and shape guidelines for fruit and vegetables following drought-like conditions for farmers.
John Lewis is preparing to pitch itself to Londoners as an affable landlord, revealing plans for two rental developments at Waitrose sites in the city. The retailer set out early plans to for build to rent developments in Bromley and West Ealing in London, as well as a vacant John Lewis warehouse in Reading. The [...]
Supermarket Waitrose is owed some £4m after a four-month partnership with an insolvent venture launched by an Ocado founder. According to a report in The Times newspaper, Waitrose is the second-largest trade creditor of online grocery business Today Development Partners, which collapsed last month. This was laid out in a progress report by administrators at [...]
Supermarket Waitrose has partnered up with Mindful Chef, a British company that delivers recipes and ingredients to people’s homes, in a bid to capitalise on the trend propelled during the pandemic. The news comes as the online food delivery industry has become increasingly popular during the pandemic, and just weeks after Asda announced its own [...]
The National Sheep Association (NSA) and Waitrose have agreed to work together to raise awareness of UK sheep farming’s “positive impact on the environment,” following a row. The NSA slammed supermarkets for bleating “misinformation” about lamb’s carbon footprint this week. It criticised Waitrose for recommending customers could slash their impact on the planet by eating [...]
John Lewis Partnership, the parent company of the two high street giants, has confirmed plans to cut around 1000 management roles in stores. In a move that echoes rival retailers’ attempts to weather the pandemic, the company said the 1000 role redundancies were an attempt to simplify store management structures. A John Lewis Partnership spokesperson [...]
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