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Waitrose boss claims ‘era of cheap food is over’

Retail Gazette

Waitrose executive director James Bailey has claimed the “era of cheap food is over,” days before the grocer is due to unveil a new initiative to support its British farmers in switching to regenerative agriculture. “We need to witness the end of cheap food and a reversal of the value of the food people are eating.”

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Has John Lewis Partnership finally turned a corner with its ‘refreshed’ turnaround plan?

Retail Gazette

John Lewis appeared to backtrack on Dame Sharon White’s original turnaround plan as CEO Nish Kankiwala vowed to focus “unashamedly” on retail after the partnership posted its first profit in four years. We’ve secured the funding we need for the four years of the plan. Where is it investing?

Planning 109
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Laying the Operational Foundation for Autonomous Stores

Retail TouchPoints

Preparing Internal Operations for Smart Stores The importance of operational preparedness is especially true for grocers implementing emerging technologies such as autonomous checkout, also referred to as seamless checkout. Companies must excel and stay ahead of the curve in today’s technologically competitive environment.

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Who could replace Sharon White as the next John Lewis Partnership chair?

Retail Gazette

On top of that, she has faced fierce criticism around her turnaround plan, which includes a focus on non-retail activities such as house building. Price stepped down as deputy chairman and managing director of Waitrose in 2016 after 33 years at the business. His deep grocery experience could be vital in getting Waitrose back on form.

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AWS Q&A: How Retailers can Prepare Ecommerce Operations for COVID-Driven Uncertainty

Retail TouchPoints

Consumers fear for their health and they fear for their finances, especially today with what is around 20 million. If you’re a grocer, you have different problems than if you’re a fashion retailer, right? It’s no longer ‘I always go to the same grocer every week.’ people still without jobs.

Grocer 335
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Pricing Amid Inflation: McKinsey Partner Offers Data-Led Best Practices

Retail TouchPoints

As a result, grocers have to consider the impact of pricing consistency and competitors on loyalty when shifting prices. Lastly, it’s important to note that during this period, consumers are changing how they manage their finances. Intelligent pricing strategy requires ongoing management and governance. Stay agile.

Consumer 162
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2023 in review: 8 stories that rocked retail this year

Retail Gazette

The Range has since started opening Wilko stores and owner Chris Dawson told Retail Gazette earlier this month that he plans to open 40 more next year. Although White has had some successes, such as the launch of John Lewis value range Anyday, some elements of her plan such as its foray into housing has been met with criticism.

Grocer 113