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Majestic Expands into Fine Wine Sector.  Add/Read Comments

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Majestic wines wishes to tap into the growing market for fine wine by opening 25 'store-within-a-store' fine wine shops across the warehouse chain. They report a 30% rise in the number of people spending over £20 a bottle last year.

""Fine wine has shown very encouraging growth over the last year. This is part of a move within the market that has seen average price points nudging up as people become more interested in wine.... Majestic is also looking to ramp up the expansion of its chain. Presently it has 129 stores and is opening on average six a year. How wants to build the chain up to 200 stores, opening 10 a year."

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