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Waitrose & Partners news

23 April 2020
Following the publication of its annual results in March , The John Lewis Partnership has released its annual report, including an update on trading performance amid COVID-19 conditions. Sales up 8% at Waitrose The retailer reports sales growth of 8% year-on-year since 26 January 2020. Private label sales are likely to have experienced a boost, with cleaning, store cupboard, home baking...
20 April 2020
In this article, updated daily, we summarise the latest responses to the Coronavirus (COVID-19) pandemic in the UK: Multiples update Morrisons offers 10% discount to NHS staff: From Thursday, NHS staff will be entitled to a 10% discount when shopping at the retailer's stores. The scheme will last until July 12th when it will be reviewed. This latest initiative follows on from Morrisons...
14 April 2020
In this article, updated daily, we summarise the latest responses to the Coronavirus (COVID-19) pandemic in the UK: Multiples update: Tesco releases annual results and updates on COVID-19: More normal shopping behaviour has resumed after a surge in demand for certain items in the first few weeks of the crisis caused sales uplifts of c.30%. Grocery home shopping capacity has been in...
06 April 2020
In this article, updated daily, we summarise the latest responses to the Coronavirus (COVID-19) pandemic in the UK: Market update: GB grocery market sees fastest growth on record. Market growth for the 12 weeks to 22 March was +7.6%, the fastest rate in over a decade, according to Kantar. The rapid growth was driven by a 20.6% surge in sales over the last four weeks. . More details ...
01 April 2020
Market growth for the 12 weeks to 22 nd March was +7.6%, the fastest rate in over a decade, according to Kantar. The rapid growth was driven by a 20.6% surge in sales over the last four weeks – equivalent to an extra £10.8bn of spending - as shoppers stocked up on groceries and switched back to retail from out-of-home consumption in response to the Coronavirus (COVID-19) pandemic. Huge increa...
25 March 2020
We look at the latest developments from the John Lewis Partnership and M&S that address the challenges created by the Coronavirus (COVID-19) outbreak. This includes the newly introduced Five Point Plan for Waitrose stores.  Five point plan Waitrose & Partners has introduced a five point plan to keep its shoppers and partners safe; Customer numbers are limited so social distancing ca...
05 March 2020
Profit delivered by Waitrose was more than offset by decline in John Lewis, as both parts of the business recorded a decline in sales. The Partnership's overall reported a 23.1% decline in profit, its third drop in consecutive years, prompting new Chairman Sharon White to launch a new strategic review of the business that is expected to take three to five years to deliver results. Results i...
03 March 2020
Market growth for the 12 weeks to 23rd February was +0.7% according to Kantar, up from +0.3% last month. Despite being modest, this was the fastest growth since November 2019. Sales were driven by better performance across the multiples. We look at this and the latest news from the leading retailers in more detail. Sainsbury's strongest performer of the Big Four Sainsbury’s was the best per...
02 March 2020
While Waitrose prepares to ramp up operations and switch shoppers from Ocado to its own online platform, Ocado and M&S answer shoppers’ questions in anticipation of the changes to product range in September. Waitrose: “September offers single biggest growth opportunity for our business”   Currently 150 stores offer the Waitrose.com’s online delivery service, in addition to orders fulfille...
05 February 2020
Latest developments on health, in-store experience and two new appointments. Former Tesco development chef joins Waitrose & Partners Former executive chef for product development at Tesco, Martyn Lee, is set to join Waitrose & Partners. Lee will head up a team of development chefs at Waitrose's Food Innovation Studios. This state of the art facility opened in 2019, representing a £1.5m inve...