‘Bond market tantrum risks’: Gilt traders brace for Labour leftward pivot as Starmer future uncertain
Living close to Waitrose could boost your house price by 12pc April 3, 2015 Premium properties within easy reach of a Waitrose can command a 12 per cent (£38,831) higher price than similar properties in other areas. According to research from Lloyds Bank, houses close to supermarkets enjoy, on average, a seven per cent higher price than other properties in the same town. Lloyds compared the average house prices [...]
Bonus at John Lewis drops on Waitrose sales March 12, 2015 JOHN Lewis Partnership slashed staff bonuses to 11 per cent of pay, the lowest level for 12 years, after profits fell at its grocery chain Waitrose. The partnership’s 93,800 employees will receive a total pay out of £156.2m, which is equivalent to nearly six weeks’ salary. The supermarket price war, a deflationary market and a significantly [...]
John Lewis Partnership slashes bonus as Waitrose profits fall March 12, 2015 The John Lewis Partnership, known for its generous staff incentives, has slashed the bonus payout to its partners after a hit on profits at its upmarket grocery chain Waitrose. Staff will receive a bonus of 11 per cent of their annual salary, down from last year's 15 per cent – the third annual decline in a row. [...]
Three charts showing what a world without free Waitrose coffee looks like January 29, 2015 Middle class coffee fans across the nation were sent reeling yesterday, after Waitrose announced it's no longer going to offer free tea and coffee to myWaitrose card holders in its cafes. Yep, the dream is over: from 9 February, card holders will have to "purchase a treat" if they want to get their free latte [...]
Waitrose plans expansion and 2,000 new jobs January 27, 2015 Waitrose announced plans yesterday to create 2,000 new jobs as the upmarket supermarket continues to expand its presence and grab a greater slice of the grocery market. The chain, owned by the John Lewis Partnership, will open 14 new stores from spring this year including seven Little Waitrose convenience stores and seven supermarkets, including one [...]
Mooove over Sainsbury’s: Waitrose claims its dairy farmers get the cream of milk prices January 26, 2015 Premium supermarket Waitrose has lifted the lid on its dairy practices following Sainsbury's attack ad last week, insisting it pays “a fair price” for its milk. The John Lewis Partnership-owned grocer was among those to appear on the naughty list of businesses that were accused of not supporting British fresh milk farmers. The [...]
Tesco poaches Waitrose ad agency Bartle Bogle Hegarty to aid turnaround January 15, 2015 Advertising agency Bartle Bogle Hegarty (BBH) has quit working with Waitrose and moved across to help Tesco rebuild consumer trust in its brand. The supermarket’s chief executive Dave Lewis also confirmed the appointment of consultancy firm Blue Rubicon. “We are assembling a small team of world class advisers to work on the turnaround of our [...]
Waitrose pulls a Christmas cracker with festive sales January 14, 2015 Things may be bleak for the big four supermarkets, but for the smaller, challenger, businesses initial signs are that Christmas was a real cracker. Waitrose has topped off a strong year, in which it had grown market share to five per cent by December, according to its Christmas figures published today. The John [...]
Are you a Waitrose Wendy or a Tesco Tracey: How do the UK’s supermarket shoppers look? November 17, 2014 What does a Waitrose shopper look like, and how would you tell them apart from a Sainsbury's regular? There's actually not much to choose between them, according to YouGov, which has just released the best visualisation tool we've seen for a while. What YouGov says is particular (as opposed to generally true) about [...]
Tesco share price rises as declines in its market share slows, while Waitrose reaches record high October 21, 2014 Tesco shares rose 2.2 percent in mid-morning trading after new figures showed while it has lost yet more market share, its rate of decline is slowing. while Waitrose has climbed to a record high, doing just enough to keep it ahead of German challengers Aldi and Lidl. The figures, by Kantar Worldpanel, also showed [...]