Waitrose effect en · PROPN
Meanings
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(informal) The observation that the opening of a Waitrose supermarket may increase property prices in the local area.
The stores are so iconic that in the UK, the "Waitrose effect" means that opening a new Waitrose & Partners store is likely to increase nearby property prices.
2023, Arto Lindblom, Sensory Marketing in Retail, page 104:
Forms
| Spelling | Features | Labels | Source |
|---|---|---|---|
| the Waitrose effect | canonical | lexicographic |