Tesco, the UK’s largest supermarket, has posted the worst financial results in its century-long history, with £6.38 billion of pre-tax losses in the year to February 28.
Beringer Vineyards is pioneering a try before you buy scheme where consumers can sample three of its wines in supermarkets via “taste strips”.
While the Prosecco boom shows no sign of slowing in the UK, under £6 bottles from discount retailers threaten to damage to the sparkler’s carefully crafted brand image.
Sales of single serve bottles of wine are soaring at UK supermarkets due to a consumer desire to control their weekly unit intake and avoid wastage.
Shoppers are being ‘misled’ by supermarkets selling “wine based” drinks, which only contain 75% wine but are marketed as wine and sold in the wine aisle.
Bollinger broke a new record in terms of turnover last year, but suffered a slight volume decline because it didn’t participate in “crazy promotions”.
The board of UK supermarket Morrisons has voted to oust its CEO after the retailer performed the worst of the big supermarkets over Christmas.
The UK wine market has split into two distinct tiers of consumers: those who splash out and those who are drawn to deep discounts, according to a new report.
Portuguese wines offer UK consumers the best value for money for their quality according to a recent survey carried out by Wotwine.
Tesco has been found to have overstated its profits by £263m, £14m more than first thought, as it revealed today that its post-tax profits are down 92%.
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