Archive of all Majestic Wine articles – Page 4
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NewsMajestic Wine recovery on track despite plunging into the red
Majestic Wine insisted its turnaround strategy is working despite swinging to a loss in the first half, with the wine retailer at the “tipping point” of transforming growing sales into profits.
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NewsCity Snapshot: Majestic Wine insists sales growth will boost profits after first half loss
Majestic Wine has posted a £4.4m first-half loss after weak commercial performance and the failure of a US marketing campaign despite sales growth of 13%.
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NewsMajestic Wine launches next day delivery
The service will be executed through a new National Fulfilment Centre
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NewsMajestic Wine profit warning 'short term pain' say analysts
The share price plunged as much as 33% in early trading before finishing 23% down at 330p
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NewsMajestic Wine becomes accredited Living Wage employer
All 1,200 staff at the wine specialist will now be paid a minimum of £8.25 per hour, or £9.40 in London
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Analysis & FeaturesStore revamps deliver Majestic sales revival
With Majestic Wine stores reporting their first annual like-for-like sales rise in four years it’s increasingly clear that new CEO Rowan Gormley’s investment in revamping its store estate is starting to pay-off.
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NewsMajestic shares rise on annual sales boost
Majestic Wine shares were up 3.4% today after its core retail business reported its first like for like sales growth for four years.
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NewsCity snapshot: Majestic Wine sales top £400m after retail sales rise
Majestic Wine’s retail business posted its first like-for-like sales increase in four years to grow annual revenues to over £400m. Plus share rebound in EU remain hopes and a look ahead to the week in the City.
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NewsMajestic Wine reopens York branch following flood closure
20% of proceeds from the first week’s sales will go to The York Flood Appeal
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NewsMajestic Wine-owned Naked Wines hits £100m of annual sales
The company’s now has more than 300,000 ‘mature’ angels – customers who have been customers for over four months
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NewsMajestic Wine shares soar as new strategy pays off
CEO Rowan Gormley described the results as “encouraging” but “too early to call it a trend”
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Analysis & FeaturesFlexibility and footfall key to the Jedi revolution at Majestic
With Majestic’s mature stores growing, Rowan Gormley believes he can sweat a successful strategy out of his existing estate
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Comment & OpinionMy Week… by Rowan Gormley (as told to Bill Tush)
These store managers have looked away… to the future, to the horizon. Never their minds on where they were
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NewsMajestic Wine eyes £500m sales in three-year turnaround
Majestic Wine CEO Rowan Gormley is targeting sales of more than £500m by 2019 as the business embarks on a three-year turnaround plan.
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NewsMajestic Wines drops six-bottle minimum across business
Majestic is to drop the six-bottle minimum purchase rule across its business from tomorrow (27 October)
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NewsMajestic Wine in craft beer challenge for Oktoberfest
The event seeks to find ‘the best craft beer in Britain’
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NewsMajestic Wine appoints DIY specialist as MD
Majestic Wine has appointed a new managing director to head up the Majestic store network, The Grocer has learned
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NewsMajestic launches first own-label range
This marks the first time the retailer has sourced wine wholly itself
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NewsNaked Wines to get UK-wide Click & Collect following Majestic acquisition
Majestic has been testing the service in 22 stores across the UK for Naked Wines’ customers
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NewsCity News: Majestic Wine shares slide back on weak profits
Some of the gloss was chipped off Majestic Wine’s £70m takeover of Naked Wines in April…