Waitrose reveals plans to open up to 100 convenience shops across the UK
Waitrose has revealed plans to open up to 100 convenience shops across the UK over the next five years, as part of a £1 billion investment in its chain of supermarkets. The first new Waitrose store to open in six years is set to be in Hampton Hill, London, later this year, followed by more in the capital and across the country.
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00:00Hello, my name is Greg Wright. I'm the Deputy Business Editor of the Yorkshire Post and
00:06here are your headlines for this morning. And one of the biggest names in business has
00:10made a major announcement about investment plans today. Waitrose has revealed plans to
00:17open up to 100 convenience shops across the UK over the next five years as part of £1
00:23billion investment in its chain of supermarkets. The first new Waitrose store to open in six
00:29years is set to be in Hampton Hill in London later this year, followed by more in London
00:36and across the country. The £1 billion will be spent on launching the new shops and improving
00:42150 existing shops, almost half of its entire chain, the company said. So major investment
00:49announced from Waitrose is unveiled plans to open up to 100 convenience shops across
00:55the UK. My name's Greg Wright and I'm the Deputy Business Editor of the Yorkshire Post.