Waitrose Out On Top!
Waitrose Coming Out On Top
M&S, a bellwether for the UK retail market, is expected to warn this week that its future growth rests on the internet and international sales.
Marc Bolland, the chief executive, will admit that less than £8 in every £10 it takes will come from its shops on Britain’s high streets over the next two years because the company will fail to hit its targets in the UK.
Unlike his opposite number at M&S, Mark Price, the preternaturally jolly managing director at Waitrose, has plenty to smile about. Sales are hitting record levels and the retailer’s Tesco price-match strategy has been a hit with customers.
So it was glasses of best Waitrose fizz all round at the annual summer party at Kensington Palace Orangery on Thursday night. Retail downturn, what retail downturn?
As if to prove that the one- time posh persons’ supermarket now caters for all, TV stars from The Only Way is Essex and Made in Chelsea were invited, including the latter’s Millie Mackintosh, pictured.
Also in attendance were Gregg Wallace and John Torode, from Masterchef, Lauren Laverne – who spent the evening DJing – and Ben Fogle, who is on the brink of announcing his next all- conquering adventure. Mark should offer him some sustaining snacks.
“Have you visited the new Waitrose at the Capital Centre Preston. No then why not? With a Tesco price match you have nothing to loose. The new store is a pleasure to shop in nothing like Tesco or Asda or even Sainsburys. You want to give it a try. Pleasant very helpful staff, very clean looking store. It’s no wonder they are making money when others are loosing. Go and give it a try you will be pleasently surprised” says Greengates Builders Merchants Accrington, Lancashire.