Iceland Food rules out deal with Amazon as Food Warehouse attracts new customers June 15, 2018 Iceland's boss has ruled out a deal with Amazon, telling City A.M. that "we don't want anything to do with them". The retailer reported steady sales growth this morning, as it eyes expansion into sites left vacant by the recent wave of store closures and grows its online business. But managing director Tarsem Dhaliwal said [...]
Last Week in the City: Amazon buys a pharmacy June 29, 2018 Garry White, chief investment commentator, looks at the market-moving events that have shaped the UK equity markets this week (25 to 29 June 2018). The FTSE 100 traded little over the week, despite a rally in oil prices. There was more bad news from the retail sector after The John Lewis Partnership warned on profits [...]
Waitrose has been crowned the UK’s best supermarket February 16, 2017 Aldi and Lidl might be snatching market share from their rivals – but one middle class stalwart is still at the top of the nation's affections, according to a new survey. The report, by Which?, has crowned Waitrose the UK's best supermarket, above rivals Marks & Spencer, Aldi and Lidl. Meanwhile, Asda came bottom of the [...]
End of days: Waitrose is closing six of its stores February 9, 2017 Is this the end of the middle classes as we know them? Waitrose is planning to close six stores, putting 500 jobs at risks, it has been reported. The supermarket, beloved of the chattering classes, has begun consulting with staff at six locations in Hertford, Staines, Leek, Huntingdon, Cardiff and Palmers Green (although the latter [...]
Supermarket sweep: Which FTSE 100 grocer is the best buy? August 14, 2018 British supermarkets haven’t had an easy ride lately. There’s been plenty for them to worry about – the biggest being the rising cost of imports as sterling has continued to slide (the pound dropped to €1.11 and $1.28 last week). A weak pound has tightened profit margins. And with heavy competition from discount retailers, passing [...]
AmazonFresh parks tanks in Waitrose territory with expansion into Home Counties February 8, 2017 Already widely available across London, Amazon’s grocery delivery service is now expanding into the suburbs of Hampshire and Surrey. Launched in June last year, AmazonFresh was initially available within 69 London postcodes, before increasing its remit to 190 postcodes in the city and a total of 260 across the country. Amazon says that “Prime” customers [...]
Brace yourself middle England: Waitrose’s free coffee could be under threat October 16, 2016 Middle England's favourite supermarket risks causing a rift among its quinoa and kale loving shoppers. Waitrose is no longer serving up a free coffee or classic cuppa tea to customers in some of its stores in the way they've been used to. The roll back on the tempting offer which was first introduced in 2013 – and has [...]
The world’s oldest port brand is now available in Waitrose November 23, 2016 The world's oldest brand of port uncorked plans to sell at Waitrose after a successful launch at Marks & Spencer last month. Kopke, a top-tier port brand that was founded in 1638, has launched its Kopke Reserve Tawny in the major retailer just in time for Christmas. The company is part of the Sogevinus Group, the fifth largest producer [...]
Wine over matter: TV wine expert Amelia Singer on working with Jamie Oliver and binge-drinking Brits June 25, 2018 “I wasn’t going to start with this statement, but hey why not – I’m all about cross-dressing when it comes to wine,” says Amelia Singer, with a glint in her eye. What she means is that wine is best served with life’s other great enhancers – like art, music, and food. That might sound obvious [...]
No end in sight for high street’s woes as stalwarts like John Lewis struggle March 9, 2018 The UK high street was dealt another blow yesterday as one of the country’s biggest household names posted a sharp drop in profits. Profits at the John Lewis Partnership – which comprises John Lewis and Waitrose – fell 77 per cent to £103.9m in 2017, forcing the retailer to cut its staff bonus to its [...]