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May 29, 2015 10:41 AM ET

Food and Staples Retailing

Company Overview of Waitrose Limited

Company Overview

Waitrose Limited, a food retailer, operates a chain of supermarkets in England, Scotland, and Wales. It sells groceries, such as bakery products, milk, meat, fruits and vegetables, beers, wine and spirits, soft drinks and water, household products, tea and coffee, health and beauty products, baby and child products, and pet care products; home and garden products, including cooking products and kitchenware, dining products and tableware, household cleaning products, laundry products, candles, newsagents and stamps, office and stationary products, and tights and socks; and flowers and gifts. The company also engages in made-to-order food service catering. It serves cakes, party foods, sandwic...

Doncastle Road

Southern Industrial Area

Bracknell,  RG12 8YA

United Kingdom

Founded in 1904

Phone:

44 1344 424 680

Fax:

44 1344 824 978

Key Executives for Waitrose Limited

Managing Director
Age: 53
Head of Buying for Chilled, Prepared and Frozen Foods
Head Buyer of Bakery and Food Service
Head of Buying Systems
Head of Technical Support for Waitrose Systems
Compensation as of Fiscal Year 2014.

Waitrose Limited Key Developments

Waitrose Reports Unaudited Earnings Results for the Fifty Three Weeks to January 31, 2015

Waitrose reported unaudited earnings results for the fifty three weeks to January 31, 2015. For the period, the company reported revenue of £6,135.3 million compared to £5,753.7 million a year ago. Operating profit was £237.4 million compared to £310.1 million a year ago. This is held back by three factors: the impact of trading in a highly competitive and deflationary market; a significantly higher level of investment in the year; and the impact of one-off items, including property impairments and onerous leases.

Waitrose Reports Sales Results for the Five-Week Period Ended January 3, 2015

Waitrose reported sales results for the five-week period ended January 3, 2015. The company has reported that like-for-like sales for the five-week period ended January 3, 2015 increased 2.8%, compared to same period of 2014. Total sales for the five weeks ended January 3, 2015, were GBP 728 million, an increase of 7%, compared to same period of 2014.

Waitrose to Create 2,000 New Jobs in UK

Waitrose announced creating close to 2,000 jobs in new stores as well as existing ones. Most of the jobs would be spread over these new and existing shops as well as in a new e-commerce grocery depot coming up in south London that is being built to accommodate the demands of increasing online grocery shopping. The company announced opening of 14 new stores in 2015, out of which half will be smaller convenience outlets that are expected to come up in Heathfield, East Sussex and a further six locations yet to be announced in the south east.

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