Tesco kicks off turnaround plan with asset sales and store closures

Tesco is taking radical steps to turn around its flagging business, including major cost-cutting, selling off assets, closing 43 stores and its Cheshunt headquarters and scrapping plans for 49 new ventures in a bid to fund lower prices.

New Direct Wines chief advocates getting more personal with consumer

David Thatcher, new group chief executive of Direct Wines, says the key to success in 2015 is a continued focus on personalisation, as he prepares to take up the role later this month.

English wine gears up for bumper 2015

English wine is gearing up for another cracking year as its sales edge closer to the ambitious £100 million target and top MPs and industry chiefs begin to champion its progress both at home and abroad.

Sake set to finally make its mark in the UK in 2015

Drinks industry leaders praise outgoing Direct Wines' chief Simon McMurtrie

Drinks industry leaders have heaped praise on outgoing Direct Wines' group chief executive Simon McMurtrie, as he prepares to take up a series of roles as  chairman of different businesses.

Major wine retailers boast mixed fortunes over Christmas

Majestic Wine saw sales creep up 1.1% over a "difficult Christmas" while Waitrose celebrated a bumper 15.4% increase in BWS sales over the same period last year.

John Dewar & Sons releases limited editions from Aultmore distillery

Independent wine merchants celebrate festive fillip

Independent wine merchants across the country are toasting a cracking December, with sales up across the board.

Chilean wine brand Casillero del Diablo teams up with Sky Movies

Chilean wine brand Casillero del Diablo is partnering with Sky Movies for the broadcaster's largest ever multi-channel sponsorship deal, which will get underway in March.

Demand surges for bigger bottles of wine

Demand for bigger bottles of wine is increasing, with one retailer predicting sales will rise by 8% in the next 12 months.

March for The Independents campaign gathers momentum for national conference on March 3

Harpers new campaign to help support and put the spotlight on independent wine merchants is gathering momentum as leading independents line up to take part in a dedicated one day conference in London on March 3.

Brits fork out 50% in tax on festive drinks shop

British consumers forked out over 50% on tax for their festive alcohol shop, as taxes have surged by 19% in the past four years.

One third of wines in clear glass bottles are light damaged, says Wotwine

Shoppers should take care when buying wine in clear glass bottles, says Wotwine, after 35% of wines in clear glass out of the 6,000 wines it sampled in the last two years exhibited signs of damage from light.

Sparkling wine is top performing grocery category at Christmas

Sparkling wine was the top-performing grocery category in the supermarkets for the six weeks of Christmas growing by £25.4 million on the previous year.

Wine sales hit hardest by Scottish multibuy ban

Since Scotland introduced a ban on multi-buy alcohol deals in the off-trade in October 2011, wine sales have been hardest hit, dropping 4.6% in the year following implementation.

Retailers need to eradicate code breaking measures warns Grocery Code Adjudicator

Major grocery retailers radically need to change the way they work with suppliers and ensure their trading practices in no way encourage members of staff to break the Groceries Supply Code of Practice.

Direct Wines appoints David Thatcher as group ceo as Simon McMurtrie steps down

Simon McMurtrie, Direct Wines group chief executive, is stepping down later this month to act as chairman for a number of businesses, with current UK managing director David Thatcher replacing him.

Obituary: Serge Hochar of Lebanon's Château Musar

Michael Karam, acclaimed journalist, ambassador for Lebanese wine and author of  Wines of Lebanon remembers, Serge Hochar, the charismatic and buccaneering owner of Lebanon's Château Musar, who died at the age of 74, while on holiday with his family in Mexico over the new year.

International wine trade pays tribute following the death of Château Musar's Serge Hochar

The international wine trade has united today to pay its respects to the legendary Lebanese winemaker, Serge Hochar, of Château Musar, who died over the new year.

2014 Review and Hopes and Fears for 2015: Nick Oakley

Nick Oakley of Oakley Wine Agencies on the growth of Portuguese wines in 2014, and how he'd like to sell more to independent merchants.