THE RETAIL BULLETIN - The home of retail news
HOME
Department Stores
Electricals
Entertainment
Fashion
Food & Drink
General Merchandise
Health & Beauty
Home & DIY
Interviews
Newsletter
Property
Shopping Centres & Retail Parks
Sports & Leisure
The Papers
RETAIL INSIGHTS
RETAIL SOLUTIONS
• The HR Summit 2019
• AI in Retail Conference 2019
• Omnichannel Futures Conference 2020
• Future of Customer Engagement 2020
ABOUT
CONTACT
SUBSCRIBE FOR FREE
Majestic on track after uplift in Christmas sales

Majestic Wine grew its group sales by 3.2% year-on-year over the festive period. On an underlying basis the growth was 4.1%. In a trading statement, the… View Article

FOOD & DRINK

Majestic on track after uplift in Christmas sales

Majestic Wine grew its group sales by 3.2% year-on-year over the festive period. On an underlying basis the growth was 4.1%.

In a trading statement, the company said Majestic Retail delivered a good result in the ten weeks ending 1 January with sales up 1.2% and by 1.3% on a like-for-like basis.

Rowan Gormley, Majestic chief executive, said: “The fact that we have been able to grow sales and maintain margins shows that our winning formula of fabulous customer service from delightful people and delicious wines at fair prices works even when times are tough.

“We are on track to achieve our £500 million sales goal by 2019, on track to deliver market expectations for the current financial year, and on track to accelerate investment in new customers, new winemakers and more fantastic wines.”

Majestic has also announced that Joshua Lincoln has been appointed retail and managing director of Majestic Retail with immediate effect. Lincoln has been customer director at Majestic Retail since 2016. Prior to that, he oversaw sales and service at the group’s Naked Wines business in the UK, USA and Australia.

Gormley added: “Josh’s promotion is richly deserved having transformed our store network into an entrepreneurial retail proposition during his time as customer director.”

Email this article to a friend

You need to be logged in to use this feature.

Please log in here

Subscribe For Retail News

RETAIL EVENTS

The HR Summit 2019
The HR Summit 2019
8 October 2019
Hallam Conference Centre, London W1W 6JJ
Company values, collaboration with employees and driving a major HR transformation to create a truly omnichannel experience, need to be at the heart of the organisation's culture and brand
AI in Retail Conference 2019
AI in Retail Conference 2019
16 October 2019
Cavendish Conference Center, London W1G 9DT
SENIOR-LEVEL FORUM FOR HEADS OF MARKETING, DIGITAL, ECOMMERCE AND CX
Omnichannel Futures Conference 2020
Omnichannel Futures Conference 2020
5 February 2020
Cavendish Conference Centre, London WG1 9DT
A truly omnichannel offering requires an understanding of customer behaviour across all shopping channels and how this should impact your overall business strategy
Future of Customer Engagement 2020
Future of Customer Engagement 2020
10 June 2020
Cavendish Conference Centre, London W1G 9DT
The 11th Annual Retail Customer Engagement Conference