Majestic posts narrow sales rise over Christmas

08 January, 2013

Majestic Wine called the Christmas trading period "challenging" despite posting a narrow sales rise.

The wine retailer reported a total sales growth of 5.1%, while like-for-like sales - which exclude the performance of shops that were not open last Christmas - rose 1.1%.

Last year, however, the group reported a total sales rise of 8% and a like-for-like sales growth of 4%, leaving chief executive Steve Lewis a little downbeat. 

He said: "While we saw encouraging sales growth over the period, the Christmas trading season was challenging with many consumers leaving their shopping until the very last moment."

The performance over Christmas brings the group's like-for-like UK store sales growth to 0.8% for the first 39 weeks of the financial year.




Bookmark this


Site Search

COMMENT

The shops that stand out from the madding crowd

The judges met last week to sort out the winners in the independent categories of our 2018 Drinks Retailing Awards. The results are top secret until the awards dinner on February 6 but it’s giving nothing away to report that the overall standard of those that will be revealed in the shortlist of finalists in the January issue of DRN is higher than it’s ever been.

Click for more »
Upcoming events

Polls

Is blended Scotch overshadowed by single malt in retailers?

  • Yes
  • No
  • Don't know

Twitter