According to a new Mintel report released today, Brits are spending more on experiences and food related purchases as consumer spending habits change as part of the 'two-track recovery', providing a great opportunity for the wine category.
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Sainsbury's saw sales for the first quarter slide with like-for-like retail sales down 0.8% for the 12 weeks ending 4 June 2016.
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Profits are up in the US even though volume is down as consumers trade up at the lower end of the market.
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Majestic Wine is jumping behind the global partnership between Chandon sparkling Argentinian wine and the McLaren Honda Formula 1 Team with a month-long promotion to promote wine and British racing in-store.
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A month on from Conviviality Retail acquiring Bibendum PLB, there still seems to be a state of uncertainty around what a deal of this magnitude could mean for the trade.
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Following Conviviality acquiring Bibendum PLB many questions still remain surrounding what the deal means for the future of the trade and who the winners and the losers will be.
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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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Within the convenience sector wine sales's growth is outpacing the rest of the wine market and for those suppliers, particularly of New World wines, and retailers with identifiable brands and new formats, the opportunities to capitalise on the sector abound.
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Retailers are no longer losing customers to discounters, but they are continuing to lose spend to the competition due to the increase in shoppers' consumption of the discounters premium own-label offerings.
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Sales at Waitrose show that UK consumers are continuing to invest in home-grown wines, with sales increasingly year-by-year.
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Garry Brooking, trading manager for Marks & Spencer, and his team of buyers and wine selectors were on celebratory form at the M&S Spring Press Tasting last week, having just knocked Tesco off the top spot for the most own brand medal wins in this year's International Wine Challenge.
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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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The Harpers Awards 2016 are now open, celebrating the best of what the UK on and off-trade has to offer.
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While everyone in the wine business agrees that product quality is important, how we define 'quailty' may vary. So how do we persuade a buyer to give us a listing?
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As part of London Wine Week and to raise awareness of its e-commerce site amongst consumers, supermarket discounter Aldi has opened a pop-up wine shop in Shoreditch's Boxpark.
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Digby Fine English is focusing on creating "experiential links" between their customers and their wines as they release their Digby Leander Pink NV into the off-trade for the first time.
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Borough Wines & Beers' new Islington store will become the new home to a London-based gin company.
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Red Square Vodka is branching out into the pre-mixed category to extend its reach to a new, younger customer base.
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Following the acquisition of Matthew Clark on 7 October 2015, Convivialty saw sales soar 137% to approximately £864 million for the 53 weeks ending on 1 May 2016.
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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.
Read more...
