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News
Majestic reports strong Christmas trading
UK wine retailer Majestic has announced a rise in like-for-like sales over Christmas.
Excluding VAT, during the nine weeks from 1 November 2011 to 2 January 2012, Majestic’s combined stores recorded sales growth of 8.4% on the previous period.
Like-for-like sales rose by 4%, which brings the total store growth – excluding VAT – to 2.7% for the first 40 weeks of the financial year.
Chief executive Steve Lewis (pictured) said: “We are very pleased with our sales performance over the Christmas period. I am delighted that an increasing number of customers choose to shop with Majestic.
“I would like to thank them all for their loyalty to Majestic and trust that they enjoyed the wines they purchased over Christmas.”