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http://news.sky.com/story/majestic-wine-shares-fall-25-after-company-issues-profit-warning-10586857

Majestic Wine shares fall 25% after company issues profit warning

Not so majestic after all.

Are they in trouble or just whining ?

Have they got the bottle for a recession ?

Seriously though, are people now turning to Lidl wine.

This could be a sign that people have over stretched ( again in the short space of time, f**king moronic as**les. )

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I quite like them actually, spending £4 more a bottle (compared to Lidl etc) is worth it if you're getting something you'll like and that doesn't mean it has to be expensive. The staff know their onions and I've often bought based on a taster. Highly recommend their definitions range as well for VFM. It would be a shame if they were to go away as barring a wine tasting or a vintner (more expensive) getting a decent bottle I'll like is hit and miss elsewhere.

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I quite like them actually, spending £4 more a bottle (compared to Lidl etc) is worth it if you're getting something you'll like and that doesn't mean it has to be expensive. The staff know their onions and I've often bought based on a taster. Highly recommend their definitions range as well for VFM. It would be a shame if they were to go away as barring a wine tasting or a vintner (more expensive) getting a decent bottle I'll like is hit and miss elsewhere.

Very much agree. Great staff and customer service IME.

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getting a decent bottle I'll like is hit and miss elsewhere.

I can recommend the House Red selection at Fortnum & Mason. You can't really go wrong.

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I quite like them actually, spending £4 more a bottle (compared to Lidl etc) is worth it if you're getting something you'll like and that doesn't mean it has to be expensive. The staff know their onions and I've often bought based on a taster. Highly recommend their definitions range as well for VFM. It would be a shame if they were to go away as barring a wine tasting or a vintner (more expensive) getting a decent bottle I'll like is hit and miss elsewhere.

Someone bought us a £22 of sparkling English Wine the other day as a present. A Kent/Sussex vineyard well respected. Seriously, tasted a bit like White Lightning cider. Bought a Douro Red from Lidl the other day for a £5 and it was fantastic. Also some really nice wine in Sainsburys for £7 Barbera D'Asti it was, very lovely.

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Ive always been wary about Majistic as an investment.

They are always banging on about recruit graduates and the like.

Yes, they might have some knowledgeable managers but I think the customer base of Majestic is not that big - people who rock up at an industrial warehouse and buy a case @ ~£100+ a pop.

Yes, I can see people doing it for weddings and the like. But Majestics just seem to have missed the interweb totally - not so much competition but more using it as a sales and ad channel. You'd expect the interweb would be somehtign a small, specialist retaler would be able to exploint. Majestic did/not/have not.

I think the SP drop is due to flopping in the US.

M+S wine buyers are still very good.

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I've noticed a few more shop closures locally this last month or so.

The last 3 years the vacant sites were being taken up, maybe the tide has turned and absurd rent and rates are biting again as seriously do not know how many outlets survive.

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I've noticed a few more shop closures locally this last month or so.

The last 3 years the vacant sites were being taken up, maybe the tide has turned and absurd rent and rates are biting again as seriously do not know how many outlets survive.

UK retail is dire at the mo.

You get retial centres, dotted every 50 miles or so - Bristol, Soton, Leeds, York, etc.

Prime sites there are full.

Step away from prime and its empty.

Then you go to towns between those primes sites.

Fcked.

If it was not for unproftable food companies, staffed full of EE on TCs then the most town would be empty.

Watch what happens when TCs for EE are removed.

Byrons burgers, funny Thai places, Wildlook and the like will go under.

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UK retail is dire at the mo.

You get retial centres, dotted every 50 miles or so - Bristol, Soton, Leeds, York, etc.

Prime sites there are full.

Step away from prime and its empty.

Then you go to towns between those primes sites.

Fcked.

If it was not for unproftable food companies, staffed full of EE on TCs then the most town would be empty.

Watch what happens when TCs for EE are removed.

Byrons burgers, funny Thai places, Wildlook and the like will go under.

I went to Wrexham the other day, half the shops must be empty, even oxfam has gone . Grim.

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I went to Wrexham the other day, half the shops must be empty, even oxfam has gone . Grim.

It's replicated up and down teh country.

The economic policy from Westminster and the Bank of Banks is not working, unless you're massively wealthy of course.

House prices too high...no one got cash

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Depends where you go tbh. Take Yorkshire for example

Grim, post industrial towns like Sheffield, Bradford, Wakefield have out of town retail barns and the internet to cater for their low disposable income clientele

The major cities (Leeds) and desirable towns (Harrogate, York & pretty much anywhere around the Yorkshire dales or north york moors) still have a thriving retail sector "in town" to cater for their yuppie and boomer clientele

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Maybe the growth in beer drinking is hitting Majestic - beer not seen as so working class nowadays. Acceptable with meals in social settings where it might not have been before. Growth of craft breweries etc.

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Ive always been wary about Majistic as an investment.

They are always banging on about recruit graduates and the like.

Yes, they might have some knowledgeable managers but I think the customer base of Majestic is not that big - people who rock up at an industrial warehouse and buy a case @ ~£100+ a pop.

Yes, I can see people doing it for weddings and the like. But Majestics just seem to have missed the interweb totally - not so much competition but more using it as a sales and ad channel. You'd expect the interweb would be somehtign a small, specialist retaler would be able to exploint. Majestic did/not/have not.

I think the SP drop is due to flopping in the US.

M+S wine buyers are still very good.

I think their home delivery service is pretty good. True it's less automated than the supermarkets on-line offerings but it works well enough.

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Northampton retail....town centre has been hollowed out by tat shops, pawn shops, charity shops, inevitable fast food/coffee shop chains. Then you have posh emporium farm shops in the countryside that are packed full of 50 and 60-somethings. It really is economic apartheid. The only time a lot of the "rich villagers" go into town is to watch the rugby matches.

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Lowering of the government recommendation of alcohol intake:

21 to 14 units per week for men and women.

https://www.thedrinksbusiness.com/2016/08/government-confirms-there-is-no-safe-level-of-drinking/

It's ludicrous that the limit is the same for men and women. Men deal with alcohol much better than women - larger organs, larger body mass etc etc etc. How can they justify having the same levels when biologically there is such a large difference? Just absurd political correctness?

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http://news.sky.com/story/majestic-wine-shares-fall-25-after-company-issues-profit-warning-10586857

Majestic Wine shares fall 25% after company issues profit warning

Not so majestic after all.

Are they in trouble or just whining ?

Have they got the bottle for a recession ?

Seriously though, are people now turning to Lidl wine.

This could be a sign that people have over stretched ( again in the short space of time, f**king moronic as**les. )

Depends on what wholesaler is bottling it.

Only so many good wine regions, only so many bottlers.

I like my Slovenian/Italian FVG wines. Not so easy to get though.

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It's ludicrous that the limit is the same for men and women. Men deal with alcohol much better than women - larger organs, larger body mass etc etc etc. How can they justify having the same levels when biologically there is such a large difference? Just absurd political correctness?

Social Justice Warrior, and his side kick Do-Gooder, a force for political correctness strike again!

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