Waitrose & Partners news

23 October 2013
Latest figures by IGD ShopperVista show that nearly a third of shoppers (30%) are searching online before they go shopping to find which stores are offering the best food and grocery deals. This is a significant jump from the 6% doing so in 2010. Online cherry pickers Almost a third of shoppers are using the internet to look for the best deals, however the proportion of such "online cherr...
22 October 2013
Waitrose managing director Mark Price has outlined new plans to triple the retailer's size over the next decade. Creating a £15bn per year business Interviewed in the Mail on Sunday, Mark Price set a new goal for the retailer to be a £15bn a year business in 10 years time, up from £5.4bn in 2012/13. A business this size would be comparable with Morrisons which delivered sales of £18.1bn l...
22 October 2013
Figures from Kantar Worldpanel for the 12 weeks to 13 October 2013 shows that the UK grocery market has slowed appreciably in the Autumn months, with growth in the latest period down to 3.0% from 4.2% in the three months to 15 September.  Meantime the Kantar measure of inflation remained stable on 4.2%, indicating the market volumes are coming under pressure once more. 12 ...
17 October 2013
Q3 2013 has brought important changes to several retailers' senior teams. Here we summarise the most significant Tesco: New blood to drive UK performance As Tesco works hard to strengthen its UK performance, it has made a number of changes to its board: Carolyn Bradley, group brand director, is the latest in a string of high profile departures, after 27 years at the retailer. As part ...
08 October 2013
At this week's IGD Convention, chief executive Joanne Denney-Finch spoke of how  the industry can adapt to take trust to new levels. An opportunity in sourcing, as shopper expectations rise Joanne spoke of a growing number of shoppers who want to know where their food comes from, up from 34% to 56% in the past two years, according to IGD ShopperVista insight. But only 12% felt they wer...
08 October 2013
Waitrose's managing director Mark Price, speaking at the IGD Convention, has outlined the challenges the retailer has faced in recent years and how the business has been reshaped to enable the brand to move forward. The challenge in the past Mark expanded on how between 1990 and 2006, Waitrose was in a strong position. The business had invested in new store formats, IT systems, product ra...
02 October 2013
Waitrose is looking to drive loyalty by extending its 10% off deals for myWaitrose card holders. A step up in loyalty card activity The 10% off has been extended to include 500 products, half of which are branded and half of which are Waitrose entry-level private label range, essentials . Waitrose is shouting about the extension with a new advertising campaign that will run in press and on ...
27 September 2013
IGD has launched a new store tour in conjunction with Sealed Air. The tour is open to all suppliers, and will be of particular interest to those looking to maximise their time in London by visiting the best of the capital's ground-breaking stores, before the next day's IGD Convention.  Visiting the top UK retailers The new programme will see suppliers taken on an interactive tour, stopping...
27 September 2013
As the IGD convention approaches, five of our analysts give their choices of their most anticipated speaker on the day. Emily O'Neill, Business Analyst: Fiona Dawson, Mars 'Fiona Dawson is a woman at the top of her game; not just the President of Mars Chocolate UK, but now the president of IGD to boot (and let’s not forget she met the Queen earlier this year!). An intelligent, charismat...
24 September 2013
Substantial new capacity With 80,000 sq ft of picking space, the purpose built site will be double the size of Waitrose's existing dotcom store in Acton, which opened in October 2011. The more spacious Coulsdon facility will allow 50% more items to be picked per hour and 50% more van drops to be made per week. Building on Acton experience The new DFC will adopt a similar layout to Acton ...