Tesco and Morrisons stocks rate of return declines by around 30%

Both Tesco (LSE:TSCO) and Morrisons (LSE: MRW) stocks rate of return have declined by nearly 30% over the past year, further signalling the challenges that middle priced grocery chains are facing in the supermarket price wars.

Morrisons first supermarket to launch new green wine closure

Morrisons has become the first major UK retailer to use the environmentally friendly GL closure - which employs 64% less aluminium - on its own brand Soave wine.

Most wine industry's challenges are no different to other sectors, says economist Mike Veseth

Mike Veseth, the celebrated US wine economist and blogger, has dismissed the idea that the dynamics of the wine industry are different to the challenges faced by other business sectors.

One more day to register for Benevolent Fantasy Football League

The countdown to the start of the new English Premier League season is well and truly on. Which means there is only a day left to get your thinking caps on and enter the new Benevolent Fantasy Football League, have some fun, compete against friends (and soon to be foes) and raise some money for the drinks charity along the way.

Entries for Harpers Global Design Awards extended to August 22

The deadline to enter this  year's Harpers Global Design Awards has been extended by a week and now closes on August 22.

'Tired' 3-litre bag-in-box wines in long term decline

Three-litre bag in box wines are in long term decline - they plummeted 14.6% in the last year - with consumers being put off by high prices.

Top Champagne brands buck decline as sales grow 9%

The top eight Champagne brands are bucking falling sales in the off-trade, as collective sales have grown by 9% in the last year.

Australian wine companies to gain better protection with joint agreement with Woolworths

Australian wine producers are set to gain better protection with the signing of the "Good Wine Buyer and Suppler Principles: A Code of Fairness and Transparency'' with Australia's biggest wine retailer Woolworths Liquor Group (WLG).

Bordeaux ramps up focus on younger consumers with white wines

The president of a Bordeaux wine body wants to open up younger UK wine consumers to the region's white wines.

Lidl's £12m France promotion sets tone for wine department

Lidl's upcoming £12 million Bordeaux-focused wine promotion is to set the tone for the retailer's future wine strategy.

Price wars and discounters hit overall retail sales

Retailer price wars coupled with the ongoing impact of the hard discounters saw overall UK retail sales slip back for the first time in two years, according to the latest British Retail Consortium /KPMG figures.

Maison Sichel shows its support for independents by signing Harpers Best Practice Guidelines

Maison Sichel is the third major French wine company to support the UK independent sector by signing up to Harpers Best Practice Guidelines designed to promote open and fair trading between wine merchants and suppliers.

Harpers.co.uk introduces new dedicated finance section

Today Harpers.co.uk introduces a new section of the website that hopes to keep you up to speed with all the latest breaking financial stories affecting the global wine and spirits industry.

Big interview: Pierre Levron on why Costco takes wines and spirits so seriously

Costco likes to pile it high, so if you secure a listing there you can expect to see sales take off overnight. Pierre Levron explains to Andrew Don why the wholesaler takes beers, wines and spirits so seriously

Final week to enter Harpers Global Design Awards

There is now a week to go to get your entries or nominations in for the 2014 Harpers Global Design Awards asa we look to celebrate the very best creative minds and talents in the drinks industry.

Three quarters of British adults have shopped online in 2014, says ONS

South African wine under the microscope

South Africa may be known for its value-for-money wine, but the country is vying for a spot in more premium territory, as Gemma McKenna and Erin Smith find out

High street wine retailers take a fresh look at franchising

As Oddbins announces plans to open up 200 franchise stores, Gemma McKenna looks at franchising in the wine trade and, as the economy recovers, asks whether taking on a business that already has the wow factor could be the way forward

Tour de France helps Cono Sur wine double sales to £14m

Concha y Toro wine brand Cono Sur is toasting a £7m boost to sales - growth of 100% - which has catapulted it into fourth position in the Chilean brand leader board in the UK off-trade.

Wine must adapt its branding for China or face failure

Wine firms that do not adapt their brands for the Chinese market - such as by having a Chinese brand name - face "immediate disadvantage" and possible failure.