Archive of all Majestic Wine articles – Page 4
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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…
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NewsMajestic Wine to slow store rollout plans
Majestic Wine has cut its store estate expansion plans after announcing a 22.5% drop in pre-tax profits.
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NewsCity snapshot: Profits plunge at Majestic Wine
Full year pre-tax profits at Majestic Wine have slumped by 22.7%, FSTE falls on Greek debt worries, plus what’s on in the City this week.
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Analysis & FeaturesCity scepticism doesn't tell the full story of Majestic Wine's Naked takeover
A near 13% share price drop on the announcement of a key acquisition would normally signify the City has given it a firm thumbs down.
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News
Majestic Wine adds online potential with £70m Naked Wines takeover
Majestic Wine has swooped for rival Naked Wines in a £70m deal which will rapidly accelerated the listed retailer’s online plans and gives the listed group a new CEO.
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NewsSurprise departure for Majestic Wine CEO Steve Lewis
The hunt is on for a new CEO at Majestic Wine following the immediate departure of current boss Steve Lewis this morning.