Majestic Wine has posted an uptick in sales during the festive period following a “year of uncertainty”.
The wine retailer posted a 4.3% increase in like-for-like sales during the three months to December 30.
The specialist retailer attributed the growth to a “renewed focus” on in-store experience and revamped product ranges.
Majestic Wine recorded its largest-ever trading day during the 40-year-old brand’s history on December 23.
Chief executive John Colley said he was pleased with the results following a year of uncertainty and its recent acquisition by Fortress Investment Group.
He said: “What this result shows is that a strategy built around bricks, clicks and flicks can be a success in 2020 and beyond.
”We know in Majestic we have all the ingredients for a successful company, and our customers clearly responded well to the news we’d be keeping stores open right across the country. Backed up by an exciting range, with plenty of new arrivals and relisted customer favourites, we’ve pulled out an impressive performance.
“The work now begins on building a future that takes the historic strengths of Majestic – our brilliant people, physical presence and trend-leading range – and turn that into long-term growth for our suppliers and staff.”
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