Waitrose effect

proper noun

The observation that the opening of a Waitrose supermarket may increase property prices in the local area.

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Meanings

proper nounthe Waitrose effect
  1. informaleconomicsThe 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
Cite this entry
APA

Waitrose effect. (n.d.). In WatkinsX Dictionary. Retrieved November 3, 2026, from https://dictionary.watkinsx.com/word/Waitrose%20effect

MLA

“Waitrose effect.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/Waitrose%20effect. Accessed November 3, 2026.

Chicago

WatkinsX Dictionary, s.v. “Waitrose effect,” accessed November 3, 2026, https://dictionary.watkinsx.com/word/Waitrose%20effect.

Source: Waitrose effect on Wiktionary, CC BY-SA 4.0.