I) IntroductionWaitrose is a premium retail chain from the United Kingdom. The high-end retail chain means that the products available at Waitrose are expensive and of high quality. Wallace Waite, Arthur Rose and David Taylor opened their first small Waite, Rose and Taylor grocery store at 263 Acton Hill, west London in 1904. The John Lewis Partnership took over Wait Rose and Taylor in 1937 and changed the name in Waitrose. (waitrose.com) Waitrose has more than 300 stores across the UK, including branches in England, Wales and Scotland, as well as stores at Welcome Break motorway service stations, Channel Islands, Dubai and Abu Dhabi. (http://www. waitrose.presscentre.com) Waitrose was the first supermarket to sell its own gardening products. Waitrose achieved its highest ever market share in the grocery market (4.3%) earlier this year. The Telegraph 2014) Tesco and Morrison are both Waitrose's main competitors in the UK supermarket sector. Waitrose's product is very expensive for middle class people, so it is difficult to cover a significant market share. The John Lewis Partnership has a large number of employees. Waitrose operates 26 The John Lewis stores in the UK. Waitrose aims to open up to fifteen new supermarkets and up to ten new 'small Waitrose' convenience stores in 2014. (http://www.waitrose.presscentre.com. Waitrose has been awarded BREEAM 'outstanding' status » for our stores in Stratford City in London and Bracknell in Berkshire (Waitrose.com, The Telegraph 2014)II) Analysis1) SalesInvesopidia defines sales as the value of income or revenue received for goods and services over a given period of time. Waitrose is the leading food supermarket for people who like to buy quality food and can afford paper money......mainly through improved trade receivables and trade payables management. This was partly offset by a reduction in borrowings and overdrafts of £230.3 million and an increase in property, plant and equipment and IT systems of £71.9 million.2) ProfitabilityAccording to Investopedia.Com, profit means an economic satisfaction that is realized when the amount of revenue earned from a business activity exceeds the expenses, costs, and taxes necessary to maintain the activity. Any profit made goes to the business owners, who may or may not decide whether to spend it on the business. Profit depends on capital expenditure and revenue. Gross profit is the cost of goods sold subtracted from revenue, and net profit is working capital subtracted from total revenue. The difference between net profit and gross profit is that net profit does not include expenses.