Majestic has grown pre-tax profits by 20% to £8.8 million in the half-year to September 26 – but saw like-for-like sales in shops drop for the six weeks after the period ended, it has reported.
Stores are preparing themselves for a bleak Christmas as economic indicators show poor retail footfall and low consumer confidence.
Naked Wines has been named the UK’s Online Business of the Year at the National Business Awards 2011.
Supermarket trading slowed in October, suggesting that shoppers are holding off Christmas shopping in the hope of getting better deals closer to the festive season, according to Nielsen.
Oddbins has put three wines priced by its customers in a blind tasting on shelves today (November 4).
Wine Rack will fall short of its planned target of reaching 30 stores by the end of 2010.
The newly relaunched Oddbins chain is exploring sites as it considers expanding next year.
Nicolas is gearing up for its annual wine and spirits fair on November 11-12.
September’s record-breaking temperatures have given the drinks sector a huge boost, pepping up a tough summer for sales.
Sainsbury’s new BWS chief has pledged to deliver more consistency across its retail channels and put a greater emphasis on consumer needs.
Drinks retailers remain attractive investment prospects despite the economic conditions, according to Majestic’s chief executive Steve Lewis.
Waitrose will be making its drinks range as diverse and premium as possible as it rolls out its Little Waitrose smaller-format convenience stores.
Sheffield wine merchant Michael Menzel has died aged 70, after a battle with cancer.
Retailers who benefit from the proposed minimum pricing legislation in Scotland should have a windfall tax imposed on them, according to a leading Scottish Conservative.
Alcohol Concern claims to have found a link between the density of off-licences and under-age drinking.
The government needs to do more to promote town centre shopping and place less emphasis on out-of-town retail parks, the Association of Convenience Stores says.
Shop rents are falling in real terms and landlords are taking an increasingly flexible approach, according to new data.
Waitrose has created a new wine-buying role – responsible for Italian, bag-in-box, small bottle and low alcohol wines.
Pubs are closing at the rate of 25 a week, with off-trade competition blamed for much of the sector’s woes.
Spirited Wines – the chain that has taken over all the Nicolas shops outside London – has launched a mobile marketing campaign to raise its profile in mobile search engines.
Asda has appointed Tracy Ford as its new category director for BWS, replacing Adrian McKeon who was recently promoted to commercial director for grocery.
Cardiff independent wine merchant Ballantynes has closed after 33 years of trading.
Supermarkets deemed to be running irresponsible deals on alcohol could find investment withdrawn by the Church of England.
Online wine retailer FindWine has announced a number of sponsorships it says will fit in with its “colourful and offbeat” reputation.
Tesco expects to attract over 10,000 customers to its five wine fairs this autumn.
Sainsbury’s has named a successor to the current head of its drinks team, Justin James, who has been given a new role within the business.
A further 29 closed Oddbins stores across the country are being marketed for sale by Christie & Co.
Edinburgh-based retailer Royal Mile Whiskies is opening a new shop under the banner of The Drinkmonger.
Fifty-five Oddbins branches are being sold by Christie & Co on behalf of the off-licence chain’s administrators, Deloitte.
Oddbins has formally gone into administration with Deloitte partners Lee Manning and Matthew Smith appointed as joint administrators.
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