Christmas sales figures are neck-in-neck across the grocery market, according to Kantar's latest data, which shows the retailers are the closest they have ever been since the market research firm began keeping records 20 years ago.
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Despite "modest growth" of 0.6% across the grocery market during the festive period, Kantar Worldpanel says this gives cause to celebrate - representing the biggest boost across the sector since August 2014.
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Global credit rating agency Moody's has further downgraded Tesco long-term credit rating from Baa3 to Ba1, which is considered "junk" grade for investments that are considered 'high risk'.
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The Comic Relief Wine Fair 2015 will be selling tickets for a consumer tasting which will be held on March 12, 2015 to help raise money for Wine Relief, an official part of the UK's Comic Relief charity.
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No one can deny Naked Wines has an innovative business model, but is it everything it claims to be? Erin Smith asks founder Rowan Gormley to reveal all
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While the grocery market has returned to very slight growth, real grocery deflation, which has seen prices fall by 0.7% versus last year, equates to savings of £182 million for consumers in the last three months, according to Kantar.
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The Wine and Spirits Trade Association and the Scotch Whisky Association have teamed up to launch the Drop the Duty campaign which calls for a 2% cut in alcohol duty in the March Budget, saying it will boost public finances by £1.5 billion.
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According to the Liv-ex's most recent market report, "the value of trades in November was down 19% on this time last year" signalling the on-going challenge of Bordeaux's most iconic wines continually demanding the historical prices of just a few years ago.
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Moody's Investor Services, an international credit rating agency, says Tesco's profit warning "will further increase negative pressure on Tesco's current rating" and that Tesco would remain under review for another possible downgrade.
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The British Retail Consortium (BRC) says November retail trading was saved by Black Friday and online sales - with electrical goods being the top sellers although premium foods also benefited.
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There have been more than enough financial scandals in recent months, raising the question: have we lost our moral compass when it comes to business?
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Nyetimber is on a roll this year after its Classic Cuvée 2009 won two trophies at this year's International Wine Challenge. Harpers.co.uk caught up with head winemaker Cherie Spriggs to ask what drew her towards the iconic label and where she plans to take it next.
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US wine app Drync has launched a new feature that allows customers to buy online and have their wine shipped to a local wine retailer for pickup - a move it claims turns local shops into the world's largest wine store.
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Last week Starbucks announced at its annual investor conference that it would begin serving beer, wine and 'evening' food in 3,000 of its 11,900 cafes in the US.
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William Grant-owned Scotch whisky Glenfiddich has appointed Mark Thomson as its new UK brand ambassador.
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In case you missed some of the headlines this week on harpers.co.uk, we have done a review of the top online news, financial news for the drinks trade, Q&As, and opinion stories.
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Total revenue was up 3.3% rising to £614.9 million for the first half of 2015 fiscal year for pub company and brewer Greene King, but its operating profit dropped 3.1% to £123.3 million.
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The second quarter results from Brown-Forman show net sales have rebounded, growing 5% to $1.135 million in the second quarter, but operating income declined by 3% to $303 million due to the negative impact of foreign exchange.
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This year's DWCC touched on the issue of crowdfunding and peer-to-peer lending as a potentially untapped opportunity in the wine trade.
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Marks and Spencer's own brand wines cleared the decks at the first phase of the International Wine Challenge 2015, taking home 69 medals and outpacing nearest rival Tesco by 37 medals.
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