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.
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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