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Profits at Majestic Wine soared by 20% over the past six months, as customers spent more on each bottle of wine. Majestic reported pre-tax profits of 8.8m in the 26 weeks to 26 September, up from 7.3m for the equivalent last year.
Interim profits at Robert Wiseman have been cut in half, as the dairy giant bears the brunt of the price war raging between the supermarkets over milk.
Morrisons continues to deliver strong growth, with like-for-like sales up 2.4% for the 13 weeks to 30 October. Total sales excluding fuel were up 4.6% for the period, and the retailer claimed it had welcomed record numbers of shoppers, delivering growth ahead of the market.
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