Opinion on Drinks Specialists

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Type Product title / description Pub Price
CommentWire
CommentWire

Tesco: testing foodservice with Taylor Street coffee chain

By investing in a joint venture to learn from the upmarket coffee chain Taylor Street, Tesco is highlighting the increasing interest of grocers in the foodservice sector. The retailer has learned from the unsuccessful standalone venture of competitor Sainsbury's and will take a more subtle role in researching the market before possible entry.

Published By Datamonitor
16 Aug 2012
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Healthy vines support Majestic Wine

Majestic has posted another year of solid growth as it continues to dominate specialist wine sales. In a market that has been increasingly difficult for specialists, Majestic has managed to use its strengths in customer engagement alongside a knowledgeable workforce to secure loyal customers. While its goal of 330 UK stores seems ambitious Majestic is working on improving its online proposition.

Published By Datamonitor
21 Jun 2012
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Majestic Wine results reveal vintage year

Majestic Wine has announced a strong set of full-year results, with group sales up by 15.6% to GBP233.2m. The retailer has also produced an 8.4% uplift in its UK like-for-like sales and profits before tax are up by 117% to GBP16.0m. Though Majestic has benefitted from external events, the retailer has worked hard to improve its offer, and Verdict forecasts that it will continue to outperform.

Published By Datamonitor
14 Jun 2010
CommentWire
CommentWire

Starbucks and Euro Garages: bringing drive-through coffee to UK forecourts

Following the success of its pilot store in Cardiff, Starbucks has partnered with Euro Garages to open 30 drive-through coffee shops across the UK, at both service stations and as standalone sites. Starbucks' brand value, the convenience of the drive-through format, and a growing trend of eating-on-the-go among young consumers suggest that this collaboration has every chance of being a success.

Published By Datamonitor
18 Mar 2010
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First Quench: time for a drink and a think

First Quench, operator of Threshers, The Local, Wine Rack and Haddows fascias, has entered administration. It is looking to restructure itself and hopes to be sold as a going concern. While the market has become increasingly challenging, internal factors have played a significant part in the decline of the business. Indeed, whether it will become successful if it does return remains to be seen.

Published By Datamonitor
30 Oct 2009
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LVMH: watch sales decline, time's up for luxury?

Despite a weak like-for-like performance, LVMH reported marginal growth in a tough economic climate for the first quarter of 2009. While LVMH is in a stronger position to weather the storm than some rival luxury players due to its strong brands and extensive geographical spread, sales are likely to decline further in the year ahead as the economic downturn shows little signs of improving.

Published By Datamonitor
23 Apr 2009
CommentWire
CommentWire

Threshers: fresh start for owner

Thresher, the wine specialist owned by the private-equity backed First Quench group, is looking increasingly likely to be the next name to disappear from the high street. Indeed, in a bid to consolidate its operations in the face a downturn in spending, First Quench is set to embark upon a mass store closure and redundancy program, which is likely to signal the end of the fascia.

Published By Datamonitor
23 Jan 2009
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Majestic Wine: quality results

Wine specialist Majestic Wine has reported an 11.0% uplift in sales and a 4.9% increase in like-for-likes in the year to April 2, 2007. Its strong focus on fine wines has helped bolster profitability for the fourteenth consecutive year - up 14.1% to GBP16.2 million. Its highly knowledgeable staff, solid expansion strategy and increasing multichannel credentials position it well for future growth.

Published By Datamonitor
26 Jun 2007
CommentWire
CommentWire

Thresher Group: new owner, same challenges

Terra Firma has sold Thresher Group, which owns The Local, Wine Rack, Victoria Wine and Threshers off-licences, as well as Haddows in Scotland, to a private equity consortium. While scale places Thresher in a stronger position than many rival off-license groups, it still faces fundamental challenges in attracting shoppers, as grocers open further convenience stores in its catchments.

Published By Datamonitor
06 Jun 2007
CommentWire
CommentWire

Majestic Wine: continues to deliver strong results

Majestic's focus towards premium wine, coupled with its strategy of encouraging customers to bulk buy has continued to deliver growth. The company has carved itself a niche, creating a model capable of defending itself from the ongoing march of the grocers and the recent, elaborate promotional threat by Thresher.

Published By Datamonitor
04 Jan 2007

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