Aug 21, 2024 4:08 PM
Updated Jun 2, 2025 11:29 AM
Waitrose revealed a plan to invest £1 billion to open about 100 new convenience stores across the UK over five years, including up to four large supermarkets, with the first new store planned for London by end-2024. The strategy emphasizes refurbishments and technology to curb stock shortages amid cost-of-living pressures.
Waitrose plans to invest £1 billion in opening 100 new convenience stores across the UK over the next five years.
The expansion of the grocer’s portfolio will include as many as four large supermarkets, plus the refurbishments of existing stores.
It plans to open its first new store, in London, by the end of 2024.
The new stores will have ‘enhanced’ fresh food counters along with ‘new shopping concepts tailored to customer preferences’.
Waitrose said it will continue investing in technology to prevent stock shortages and improve overall customer experience.
It comes as Waitrose recently began to recover market share, following a period of intense competition and challenges of the cost-of-living crisis.
Comments
Powered by RoundtableBuilt on infrastructure designed for real-time media. Learn more at RTB.io.© Roundtable 2026. By using this site you agree to the Terms of Use and Privacy Policy