Waitrose, the UK retailer, is planning a foray into the convenience channel in a further bid to build its business across the country.
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The upmarket retailer confirmed today (9 July) that it is “exploring” a move into convenience and is looking for suitable sites for stores.
“It is something we are looking at and we hope to acquire a site within the next six to eight months for a trial store,” a Waitrose spokesperson told just-food.
The spokesperson refused to be drawn on the size of the stores, although reports in the UK claim the outlets could be sized between 3,000 and 4,000 sq ft.
Should Waitrose press ahead with its plans, its convenience stores will compete with the likes of Tesco Express, Sainsbury’s Local and M&S Simply Food in the fast-growing sector.
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By GlobalDataIn May, Waitrose opened a “market-town” store in Cambridgeshire. The 10,000-15,000 sq ft outlets, which focus on stocking more fresh food and local produce, are expected to be rolled out in the coming months.
