All Majestic Wine articles – Page 9
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News
Majestic Wine boss Gormley vows to 'win' against cut-price grocery rivals
New Majestic Wine boss Rowan Gormley has insisted “the only way is up” for the retailer - and has vowed to fight his grocery rivals head-on.
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News
Majestic Wine full-year profits fall: What the analysts say
Majestic Wine has reported a 22.5% slump in pre-tax profits as its boss sets about turning around the retailer. Here is what the analysts say.
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News
Majestic Wine profits drop 22.5% as new boss reveals priorities
Majestic Wine’s pre-tax profit fell 22.5% to £18.4m, but new chief executive Rowan Gormley insists the retailer has “excellent future prospects”.
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Opinion
Change at the top of retail breeds fear at the bottom
People and strategy are changing across the retail sector. How can directors ensure the process is as smooth as possible?
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Cartoon
Blower’s retail cartoon: Majestic Wine acquires etail rival Naked Wines
Retail Week cartoonist Patrick Blower’s take on Majestic Wine appointing Naked Wines’ founder as its boss as it acquires the rival.
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Opinion
Comment: Retailers should take heart from the signs of sustainable recovery
Consumers are still on the rocky road to economic stability, but there are signs of a long-term, sustainable recovery on the horizon.
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Analysis
In the news: Majestic Wine's new boss Rowan Gormley profiled
By his own admission, Rowan Gormley lives for business – but now his life has been shunted into the fast lane after he took the wheel at Majestic Wine.
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News
Majestic Wine appoints Naked Wines founder as CEO as it acquires rival
Majestic Wine has appointed Naked Wines founder Rowan Gormley as its chief executive as it acquires the online rival.
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Analysis
People: Musical chairs at the grocers – who's changed jobs in February?
From Morrisons to Tesco, 2015 has already seen a spate of career changes – which moves and exits have had the biggest impact this month?
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News
BHS managing director Richard Price to take up senior clothing role at Tesco
BHS managing director Richard Price is leaving the Arcadia-owned business to take up a senior role at Tesco’s clothing business.
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News
Analysis: What can be learned from the exodus of chief executives?
The bosses of retailers including House of Fraser and Monsoon are dropping left, right and centre, so what exactly is going on?
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News
Majestic Wine chief executive Steve Lewis steps down
Majestic Wine chief executive Steve Lewis has stepped down to be replaced on an interim basis by finance director Nigel Alldritt.
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News
Majestic Wine sales up over Christmas but discounting hits margins
Majestic Wine has reported Christmas like-for-likes up 1.1% but margins were hit as the retailer invested in price in a competitive environment.
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News
Majestic Wine reviews plans to increase its store estate
Majestic Wine has revealed it is reviewing plans to expand its store footprint to 330 stores by 2021, as it reported a fall in profits.
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Analysis
Majestic's half-year results: What the analysts say
Sales at Majestic Wine increased 2.8% to £133.8m for the first half of the year, although profits slipped as the retailer invested.
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News
Majestic Wine sees sales rise but profits fall during first half
Majestic Wine Warehouse has reported a rise in sales but a fall in profits as it invested in infrastructure, technology and consumer insights.
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Interview
Q&A: Majestic Wine chief executive Steve Lewis on its investment plans
Majestic Wine posted flat profits in its full year but vowed to invest for the future. Chief executive Steve Lewis speaks to Retail Week about where it is investing.
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News
Majestic Wine's full-year results: What the analysts say
Majestic Wine’s profit was flat at £23.8m in what it described as a “difficult trading year”. Retail Week looks at what the analysts said.
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News
Majestic Wine profits flat during 'difficult' year as it vows to invest
Majestic Wine profit remained flat at £23.8m during a ‘difficult trading year’ as it vows to up investment in the current year.
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News
Majestic says full-year pre-tax profit will be flat because of 'challenging' 2014
Majestic has revealed full-year pre-tax profit will be flat because of “challenging” trading conditions in 2014 as it plans to invest to drive growth.