Supermarket giant Tesco, one of the biggest wine retailers in the world, has suspended four executives over a £250million overestimation of profits.
Tesco is offering discounts up to 64% on a wide range of lines from Austrian Riesling to 20 year-old Madeira as part of a wine warehouse clear-out.
A Tesco store in Reading, England, emptied aisles it previously reserved for fruit and vegetables — to make room for piles of beer and spirits.
Tesco has announced plans to host a wine tasting with the aim of creating more customer friendly and cutting edge wine descriptors.
A growing preference for “pricier, artisan” ciders is turning Britain into a nation of “cider snobs”, according the category’s trade body.
Tesco’s licensing manager has been appointed chairman of the UK’s retail alcohol standards group.
Prosecco sales in the UK are continuing to surge ahead of Champagne with year on year sales up nearly 70% at both Waitrose and Sainsbury’s.
Tesco wine fairs are set to return in the Autumn with a move to Earls Court for its London show to cope with increasing demand.
In a move which could help break down barriers Tesco is bringing interactive wine tastings into homes across the UK throughout the summer.
Heading the wine development team at Tesco and chairing the WSET, Laura Jewell MW is a shining light for women in the wine industry.
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