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Soaring sales of champagne and luxury stay-at-home meals were not enough to stop Waitrose profits falling by 3% but CEO Mark Price offered hope to shoppers by promising prices will come down soon. Waitrose yesterday reported a 3% drop in profits for the last six months to £100m, excluding gains made from property deals, despite a 2.5% improvement in like-for-like food sales over the period.
The battle for Christmas sales continues apace in the Champagne aisles as two more producers announce their seasonal offers.
Vranken Pommery Monopole is to release what it claims to be the world's first vintage Champagne in a 20cl bottle...
Prestige release Champagne
GH Mumm has announced it will release a prestige cuve this September. The first vintage will retail at 100 and will only be available to independents.
Cider is good for you
Delivering sustainable organic growth is an ongoing challenge for most businesses
Overall food and drink exports from the UK were down 4.4% to £12.3bn
Chichester Crown Court heard that contractor Bradley Watts was lagging pipes in the loft space of the company’s Chichester site when he was electrocuted in June
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