The UK independent retail scene is too crowded, with new arrivals simply stealing each others’ sales rather then supermarket share, warns one merchant.
Conviviality Retail, owner of the Wine Rack and Bargain Booze chains, has launched a warehouse-style UK retail brand promising to undercut rivals’ wine, beer and spirit prices.
Early signs indicate this year’s World Cup in Brazil created less of a boost for UK beer and cider retailers than the South Africa tournament four years ago.
The success of this month’s Tour de France Grand Départ has helped boost UK sales of the event’s official wine sponsor Cono Sur by 73.6%.
Conviviality Retail, owner of UK convenience store brands Wine Rack and Bargain Booze, has outlined “a significant opportunity” for its business after its pre-tax profits jumped by 31.5%.
In a move which could help break down barriers Tesco is bringing interactive wine tastings into homes across the UK throughout the summer.
UK retailer Majestic Wine posted a small sales increase in its 2013/14 results, but reported major growth in the fine wine, Malbec and Provençal rosé categories.
Hardys has launched its own online shop in the UK as a retail showcase for the Australian brand’s top end wines.
UK wine merchant Berry Bros. & Rudd has revamped its Basingstoke retail outlet to create the Warehouse Shop, which opens later this week.
Majestic Wine has issued a profit warning predicting a flat performance in its year-end results due to “challenging trading conditions” in the first part of 2014.
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