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Company History

In: English and Literature

Submitted By kevinchia
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Company history
When Wallace Waite, Arthur Rose and David Taylor opened their first small grocery shop at 263 Acton Hill, West London in 1904, little did they know that within a century the company would have become one of the country's leading food retailers employing over 37,000 people.
The John Lewis Partnership acquired the business in 1937, opening the first Waitrose supermarket in 1955. Today there are 280 branches, dedicated to offering quality, value and customer service.
There are Waitrose shops throughout England, Scotland and Wales. Locations range from high streets to edge of town sites and vary in size from just 7,000 square feet to approximately 56,000 feet. The John Lewis Partnership as a whole employs nearly 68,000 Partners and has a turnover in excess of £6 billion. As well as Waitrose, it runs 26 John Lewis department stores throughout the UK, several manufacturing concerns and a farm.
Waitrose aims to combine the convenience of a supermarket with the expertise and service of a specialist shop. We also offer you a Price Commitment to ensure you always get good value for money when shopping at Waitrose.
Find out what makes Waitrose different here.
Visit our new Waitrose Memory Store site, where you can see from a striking collection of images, annecdotes and facts, how from one single shop in Acton, West London, Waitrose has developed over the years to define our company as you know it today.
Market share[edit]

Graph showing Waitrose's UK market share
Waitrose currently has 4.9% share of the food market as of 2013.[47] Additionally it had an 18% and 10% share of the organic food and fish markets respectively, during 2008.[48]
SWOT
Strengths * Waitrose have their own brand have over 18000 products including 117 lines in their ‘Perfectly Balanced’ range which promotes a fresh and healthy lifestyle for their customers (mintel.com2011).…...

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