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Majestic Wine hopes 150,000 new customers gained in lockdown can reverse profit slide as it announces three new stores

The specialist wine merchant Majestic has said it gained 150,000 new customers during lockdown and saw online sales grow by more than 300 per cent.

30/07/2020

According to the inews

The specialist wine merchant Majestic has said it gained 150,000 new customers during lockdown and saw online sales grow by more than 300 per cent.

It now wants to make best use of the heightened interest and reverse a trend that has seen profits slide over the last five years.

According to the retailer, lockdown proved a successful period, with its market share increasing from 4.5 per cent to 5.3 between April and June.

Read more at source:  inews,

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