Majestic Wine
This coverage provides in-depth analysis of Majestic Wine’s strategic initiatives within the UK retail sector. Reporting encompasses store expansion plans—including the identification of 125 potential new locations and the aim to open one new store per month— as well as investments in experiential retail formats. Additionally, the content examines Majestic’s acquisition of Enotria&Coe to enhance its position in the on-trade market and the rescue of Vagabond Wines to engage younger consumers. Insights into financial performance, leadership appointments, and responses to regulatory changes, such as the UK’s new alcohol duty system, are also included. This information is tailored for retail professionals monitoring developments in wine retailing, supply chain management, and market positioning.
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Jul- 2024 -9 JulyLuxury Goods
Majestic eyes 125 new store locations
Majestic Wine has revealed that it has identified 125 locations for potential new stores across England, Scotland, Wales and the Channel Islands. It has found almost 30 locations in Central London where it believes it could launch smaller format sites, following the success of its ‘mini Majestic’ concepts in Harpenden,…
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Apr- 2024 -12 AprilHigh Street
Majestic Wines owner Fortress acquires Poundstretcher
Poundstretcher has been acquired by Fortress, owner of Majestic Wines, after owner Aziz Tayub retired. As part of the transaction former Morrisons group commercial director Andy Atkinson has been appointed as the company’s CEO and Tristan Phillips will resume his role as CFO. Furthermore, Trevor Strain, former Morrisons operating and…
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Mar- 2024 -21 MarchNews
Today’s news in brief-21/3/24
Reports suggest that Kingfisher, the owner of B&Q, is contemplating a bid for Homebase’s stores in the Republic of Ireland, signalling a potential rebranding of the Homebase outlets under the B&Q fascia. Homebase, currently owned by Hilco Capital, operates eight stores in Ireland and has been exploring a sale of…
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21 MarchNews
Majestic in advanced talks to snap up Vagabond Wines
Majestic Wine, which is owned by Fortress Investment Group, is reportedly in advanced talks to acquire Vagabond Wines, according to Sky News. The news comes after the London-based chain Vagabond Wines filed notice to appoint administrators earlier this month. Vagabond Wines was founded in 2010 by Stephen Finch in Fulham.…
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Feb- 2024 -29 FebruaryHigh Street
Majestic named exclusive UK distributor for Blake Lively’s drinks
Majestic has become the exclusive distributor of actress and entrepreneur Blake Lively’s drinks brands – Betty Buzz and Betty Booze – across England, Scotland and Wales. The new partnership will see the retailer add seven products from the Betty Buzz premium sparkling soda and Betty Booze ready-to-drink ranges to its…
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Nov- 2023 -13 NovemberNews
Today’s news in brief-13/11/23
Retail theft is projected to cost UK retailers £7.9bn in 2023, with a notable increase in employee theft. Thruvision Group plc and Retail Economics conducted the research, revealing that shoppers contribute to 60% of the theft (£4.7bn), while employees, particularly in distribution centres, contribute 40% (£3.2bn). Employee theft in DCs…
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13 NovemberLuxury Goods
Majestic Wine plans 50 new store openings
Majestic Wine is planning to expand its high street presence with the opening of 50 more stores over the next four or five years, its boss has told The Telegraph. CEO John Colley told the paper that brick-and-mortar sites will remain “sacrosanct” for the group, which has already opened 15…
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Oct- 2023 -26 OctoberLuxury Goods
Majestic Wine furthers expansion with two new openings
Majestic Wine has furthered its expansion plans after opening two new stores in the same week for the first time in a decade. The wine retailer returned to Chippenham on 24 October, four years after its former store in the town was closed down by previous management. After the group…
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Jul- 2021 -5 JulySupermarkets
Morrisons set for bidding war after accepting £6.3bn offer
Rivalling private equity firms are reportedly preparing to engage in a bidding war for Morrisons after it accepted £6.3bn takeover offer yesterday (4 July). The UK supermarket chain’s board of directors accepted a 252p-a-share offer from private equity firm Fortress, rejecting an earlier bid Clayton Dubilier & Rice (CD&R) which…
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May- 2020 -20 MayCoronavirus
Deliveroo expands partnership with Majestic Wines to 80 locations
Deliveroo and Majestic Wines has announced the expansion of its delivery partnership to cover 80 UK sites across the UK, alongside an expanded range on offer. Majestic Wines has unveiled a specially curated range of more than 50 wines, champagnes and spirits, available to order on the Deliveroo app. The…
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