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Saturday 3 December 2016 loc: US

Retail

Majestic at ‘tipping point’ of returning to profit

Majestic has reinstated its dividend as a sign of confidence in its ability to deliver its £500m annual sales goal within three years – claiming to be at the tipping point of returning to profit.

Thursday, November 17th, 2016 No Comments »

Changyu rakes in over €1.71m on China’s Singles’ Day

Wine sales at China’s Changyu totalled RMB 12.68 million (€1.71 million euros) on China’s Singles’ Day, making it the only wine retailer in the 10 top performing wine and spirits shops on Alibaba’s Tmall.com.

Tuesday, November 15th, 2016 No Comments »

New Prosecco mixer smashes crowdfunding target

A boozy fruit coulis designed as a mixer for Prosecco has become the first product to win funding through Tesco’s new crowd-funding platform – smashing its target by 200%.

Monday, October 31st, 2016 No Comments »

BRC warns of WTO tariffs hitting consumers

Chilean wine could see massive price hikes if the government falls back on World Trade Organisation tariffs, the British Retail Consortium has warned.

Tuesday, October 11th, 2016 2 Comments »

Oddbins sees growth from Australia as it expands range

Oddbins has boosted its New World Wines from Australia and Chile as it looks to build up the squeezed middle tier.

Monday, October 10th, 2016 No Comments »

Sainsbury’s boosts premium French portfolio

Sainsbury’s has boosted its premium Taste the Difference range with a dozen new own label wines, including a £7 claret, and added three fine wines.

Friday, October 7th, 2016 No Comments »

Tesco reports strong progress in first half

Tesco is on track to deliver £1.2bn operating profit for the full year, it announced as it revealed strong progress in the first half of the year.

Wednesday, October 5th, 2016 No Comments »

Sainsbury’s sales slip over first half

Sainsbury’s saw trading slip in the first half of the year, with retail sales down 0.4% in the 16 weeks to 24 September.

Wednesday, September 28th, 2016 No Comments »

Morrisons launches student discount

Students are set to get a 10% discount off beers and wines at Morrisons, this month as the UK retailer targets the youth customers base.

Thursday, September 22nd, 2016 No Comments »

Jeroboams plans 50% rise in turnover

London-based drinks wholesaler and retailer Jeroboams is planning to increase its turnover by 50% within the next five years.

Thursday, September 22nd, 2016 No Comments »

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